Grafton (GB:GFTU) has released an update.
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Grafton Group has repurchased 35,000 ordinary shares at an average price of £10.1875 on the London Stock Exchange as part of its £30 million share buyback program, initiated in August 2024. This transaction is part of their ongoing effort to enhance shareholder value, having already bought back over 1.6 million shares. The move is indicative of Grafton’s strong financial position and commitment to returning capital to its investors.
For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.