Last checked at 12 Jul 2016 17:45
Tuesday, 12 July 2016
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Kingfisher plc share repurchase programme
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Kingfisher plc (the "Company") announces that it has commenced a discretionary programme to purchase its shares for cancellation, during the period which commences on 13 July 2016 and ends no later than 29 July 2016 (the "Programme"). The aggregate purchase price of all shares acquired under the Programme will be no greater than £25,000,000 and no more than 159,090,909 shares will be acquired under the Programme. The purpose of the Programme is to reduce the share capital of the Company.
Any acquisitions will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and Chapter 12 of the Listing Rules. The Company confirms that it currently has no unpublished price sensitive information.
These arrangements form part of the Company's capital return programme announced on 25 January 2016 and in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 15 June 2016.
Enquiries:
Richard Cordeschi
Head of Secretariat
Tel: 020 7644 1230