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Kingfisher buys back 1,316,781 shares

U.K.-based Kingfisher PLC said Dec. 18 that it repurchased 1,316,781 of its common shares at an average price of 216.84 pence each.

It is one of many recent transactions made as part of a £50 million share buyback program that the home improvement retailer announced in November.

The shares were bought from Goldman Sachs International on Dec. 17 as an on-exchange transaction subject to the rules of the London Stock Exchange.