Kingfisher plc (KGF), the FTSE-listed home improvement retailer behind B&Q and Screwfix, has disclosed the latest weekly tranche of its ongoing £300 million share buyback programme. Between 2 and 6 November 2026, the company purchased 125,442 ordinary shares for cancellation through Morgan Stanley & Co. International Plc on the London Stock Exchange. The disclosure brings the total number of shares repurchased under the current third tranche to 13,072,476, adding to cancellations already carried out under the first and second tranches of the programme, which was originally announced on 24 March 2026.

Key Points

  • Kingfisher plc (KGF), ISIN: GB0033195214, home improvement retail group operating across the UK, Europe and beyond
  • Kingfisher purchased 125,442 ordinary shares of 15 5/7 pence each for cancellation during the week of 2–6 November 2026
  • Volume weighted average prices ranged from 3.6291p to 3.7936p per share across the five trading days; total Programme budget is £300 million
  • Investors should watch the pace of remaining buyback activity relative to the £300 million Programme ceiling and any further tranche announcements

Daily Breakdown of Kingfisher's Share Purchases Between 2 and 6 November 2026

The company purchased 27,610 shares on 2 November at a volume weighted average price (VWAP) of £3.6291, followed by 27,578 shares on 3 November at a VWAP of £3.6297. On 4 November, 16,862 shares were acquired at a VWAP of £3.6855, while 26,386 shares were bought on 5 November at a VWAP of £3.7936 — the highest average price recorded across the five-day period. On 6 November, 27,006 shares were purchased at a VWAP of £3.7065. The highest single price paid during the week was £3.7950, recorded on 5 November, with the lowest being £3.5590 on 2 November.

Cumulative Cancellations Across All Three Tranches of Kingfisher's £300m Programme

The third tranche, executed through Morgan Stanley, has now resulted in 13,072,476 ordinary shares being purchased for cancellation in aggregate. The announcement states that the first tranche, executed through BNP Paribas SA, resulted in 26,649,016 shares cancelled, whilst Goldman Sachs International executed the second tranche, delivering a further 16,124,103 shares cancelled. Combined, the three tranches account for a substantial volume of ordinary share cancellations since the programme launched on 24 March 2026, reducing the total shares in public circulation over that period.

Morgan Stanley Executing Third Tranche on-Exchange Under LSE Rules

All purchases during the reporting week were conducted by Morgan Stanley as principal in on-exchange transactions governed by London Stock Exchange rules. Kingfisher has published a schedule of individual trades via the London Stock Exchange's regulatory news service, available through the company's official RNS filing. Share cancellations of this type reduce the total issued share capital of the company, which can have implications for per-share financial metrics such as earnings per share. Investors monitoring the pace of the programme will note that each weekly announcement provides transparency on execution pricing and volumes.