News Column

Kingfisher begins capital return

April 29, 2014

? Kingfisher, Europe's largest home improvements retailer, said yesterday it had begun its programme to return 200m to shareholders this year after buying and cancelling 500,000 ordinary shares. It paid between 409.9p and 414.95p for the shares. The B&Q and Screwfix owner announced last month that it would launch a multi-year programme starting with 200m in this year - its first capital return since the group was formed 32 years ago.

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Source: City A.M. (UK)

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