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Grafton ( (GB:GFTU) ) just unveiled an update.
Grafton Group PLC announced the purchase and cancellation of 35,000 ordinary shares on the London Stock Exchange as part of its ongoing £30 million share buyback program. This transaction, executed through Numis Securities Limited, is part of a broader strategy aimed at boosting shareholder value, with a total of 2,692,135 shares already cancelled since the program’s commencement in August 2024.
More about Grafton
Grafton Group PLC is involved in the construction materials industry, providing a range of building materials and related services. The company focuses on supplying these materials primarily to the construction and home improvement sectors.
YTD Price Performance: 9.48%
Average Trading Volume: 394,039
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.9B
For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.
