Grafton Group plc (GB:GFTU) has released an update.
Grafton Group plc has actively pursued its share buyback program, acquiring 40,000 ordinary shares for cancellation on April 29, 2024, at a volume weighted average price of £9.635050 per share. This latest transaction is part of an expanded buyback plan, now totaling GBP 100 million, aimed at reducing the company’s share capital and returning value to shareholders. Overall, Grafton has bought back 11,057,792 shares since the program’s initiation on August 31, 2023.
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