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Kingfisher starts third tranche of 300 million stg share buyback

Kingfisher starts third tranche of 300 million stg share buyback
Kingfisher starts third tranche of 300 million stg share buyback Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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LONDON - British home improvement retailer Kingfisher said on Tuesday it will start a third 75 million pound ($101 million)tranche of its share repurchase programme.

Last September the group, which owns B&Q and Screwfix in the United Kingdom and Castorama and Brico Depot in France and other markets, committed to purchase 300 million pounds of its shares for cancellation.

($1 = 0.7421 pounds)

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