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Galliford Try Enhances Shareholder Value with Continued Buyback Programme
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Galliford Try Enhances Shareholder Value with Continued Buyback Programme

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

Galliford Try Holdings PLC announced the repurchase of 60,000 of its ordinary shares at a consistent price of 379 pence per share as part of their ongoing buyback programme. This purchase, executed through Peel Hunt LLP, increases the total number of shares bought back to 983,575 since the programme’s initiation, reflecting the company’s strategic effort to optimize its capital structure and enhance shareholder value by reducing the number of outstanding shares.

More about Galliford Try

Galliford Try Holdings PLC is a major player in the construction and housebuilding industries, providing a range of services from infrastructure development to residential building. The company primarily operates in the UK market, focusing on delivering sustainable and innovative solutions within the construction sector.

YTD Price Performance: 74.31%

Average Trading Volume: 217,184

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £373M

For a thorough assessment of GFRD stock, go to TipRanks’ Stock Analysis page.

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