Kingfisher PLC - London-based home improvement retailer and owner of B&Q and Screwfix - Launches first tranche of its £300 million share buyback announced in March, for up to £50 million. Repurchase of shares will be carried out by Goldman Sachs International, beginning on Monday and ending no later than June 23.

Current stock price: 244.40 pence, down 3.4% in London on Monday morning

12-month change: down 0.1%

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