Galliford Try Bolsters Shareholder Value with Buyback

Galliford Try (GB:GFRD) has released an update.

Galliford Try Holdings PLC has repurchased 30,000 of its ordinary shares at a volume-weighted average price of 388 pence per share as part of its ongoing buyback program. This move reduces the total number of shares in circulation to 103.66 million, potentially increasing shareholder value by enhancing earnings per share. The company aims to cancel the repurchased shares, reflecting its commitment to optimizing capital structure.

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