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Grafton ( (GB:GFTU) ) has issued an update.
Grafton Group PLC has executed a purchase of 35,000 ordinary shares for cancellation as part of its £30 million share buyback program on the London Stock Exchange. This transaction is part of an ongoing effort to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and reflecting the company’s confidence in its financial stability.
More about Grafton
Grafton Group PLC operates within the building materials and DIY retail industry. It primarily focuses on distributing building materials and providing related services across the UK and Ireland, catering to both professional and DIY customers.
YTD Price Performance: -3.37%
Average Trading Volume: 325,155
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.88B
For an in-depth examination of GFTU stock, go to TipRanks’ Stock Analysis page.
