Kingfisher completes buyback programme

Kingfisher has confirmed that the repurchase programme announced on 20 Sep has now completed.

Kingfisher's said that Goldman Sachs International, which undertook the programme on the company's behalf, purchased 13,002,776 shares for a total consideration of £40m (out of a maximum amount allocated to the programme of £60m).

Kingfisher said that as a result it had now returned £440m out of the £600m capital return programme announced at the capital markets day in January 2016.

At 9:50am: (LON:KGF) Kingfisher PLC share price was +1.25p at 341.35p