skip to main content
  • *
  • *
Find Insight DIY on
* * *

UK DIY News

Kingfisher Completes Fifth Tranche Of Share Repurchase Programme

B&Q Merton SC 725 x 500

Kingfisher plc ("Kingfisher") announces that the £300 million share repurchase programme announced on 19 September 2023, to purchase its shares for cancellation, has now completed.

The fifth and final tranche of this programme was executed by Goldman Sachs International on Kingfisher's behalf (as announced on 17 January 2025), who purchased 30,314,971 shares for a total consideration of £75 million.

Directorate Change

Kingfisher plc ('Kingfisher' or the 'Company') today announces that, Lucinda Riches will succeed Catherine Bradley as Senior Independent Director at the conclusion of the 2025 AGM on 23 June 2025. Lucinda was appointed as a Non-Executive Director of Kingfisher in January 2025 and to succeed Rakhi Goss-Custard as Remuneration Committee Chair at the conclusion of the 2025 AGM. Lucinda is currently the independent non-executive chair of Greencoat UK Wind plc and Peel Hunt Limited. She is also a non-executive director of Ashtead Group plc, where she chairs the remuneration committee. Lucinda has confirmed that she will be stepping down from one of her other listed positions in Autumn 2025.

Source : Kingfisher plc

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.  

21 March 2025

Related News

view more UK DIY News
*

Insight DIY always publishes the latest news stories before anyone else and we find it to be an invaluable source of customer and market information.

*
Max Crosby Browne - CEO, Home Decor
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry