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Galliford Try ( (GB:GFRD) ) just unveiled an update.
Galliford Try Holdings plc has executed a share buyback, purchasing 60,000 of its ordinary shares at an average price of 369.4167 pence per share from Peel Hunt LLP, part of its buyback programme initiated in October 2024. The company plans to cancel these shares, which will impact the total number of voting rights, now standing at 102,746,611. This move is likely intended to enhance shareholder value by reducing the overall share count, thereby potentially increasing earnings per share.
More about Galliford Try
Galliford Try Holdings plc is a prominent player in the construction and infrastructure industry, providing a range of services including building, infrastructure, and affordable housing. The company focuses on delivering innovative solutions across the UK, with a strategic emphasis on public and regulated sectors.
YTD Price Performance: -5.67%
Average Trading Volume: 193,894
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £367.7M
See more insights into GFRD stock on TipRanks’ Stock Analysis page.
