Galliford Try (GB:GFRD) has released an update.
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Galliford Try Holdings has repurchased 30,000 of its own shares at a consistent price of 380 pence per share as part of its ongoing buyback program. This brings the total number of shares bought back to over 616,000, a move that potentially strengthens the company’s stock value by reducing the number of shares in circulation. Investors might view this as a positive signal of confidence from the company in its financial health.
For further insights into GB:GFRD stock, check out TipRanks’ Stock Analysis page.
