Galliford Try Advances Share Buyback Program

The latest announcement is out from Galliford Try ( (GB:GFRD) ).

Galliford Try Holdings PLC has continued its share buyback program, purchasing 60,000 ordinary shares at an average price of 377.3570 pence per share on January 10, 2025. This move is part of the company’s strategy to enhance shareholder value by reducing the number of shares outstanding, which could potentially improve earnings per share. Following this transaction, the company has bought back a total of 1,329,432 shares since the program’s commencement, leaving 102,866,611 shares in circulation, which constitutes the total voting rights for shareholders. This strategic move reflects Galliford Try’s commitment to managing its capital effectively and maintaining transparency with its investors.

More about Galliford Try

Galliford Try Holdings PLC is a leading UK-based construction company that focuses on delivering high-quality building and infrastructure projects. The company’s primary services include construction, housebuilding, and infrastructure development, serving both public and private sector clients across various market segments.

YTD Price Performance: -4.38%

Average Trading Volume: 193,831

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £367.7M

For an in-depth examination of GFRD stock, go to TipRanks’ Stock Analysis page.