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An announcement from Grafton ( (GB:GFTU) ) is now available.
Grafton Group PLC has executed a significant share buyback transaction, acquiring 35,000 of its own shares for cancellation at an average price of £9.4845, as part of a £30 million program initiated in August 2024. This move reflects the company’s ongoing efforts to enhance shareholder value and optimize its capital structure, having already purchased over 2.88 million shares since the program’s inception, which could positively impact its market position and investor relations.
More about Grafton
Grafton Group PLC is a company involved in a share buyback program, indicating its focus on capital structure optimization and shareholder value enhancement.
YTD Price Performance: -1.32%
Average Trading Volume: 327,657
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.87B
For an in-depth examination of GFTU stock, go to TipRanks’ Stock Analysis page.
