Grafton ( (GB:GFTU) ) just unveiled an update.
Grafton Group PLC has announced the purchase and cancellation of 70,000 ordinary shares as part of its GBP30 million share buyback program. This move, executed through Goodbody Stockbrokers, reflects the company’s ongoing efforts to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations.
More about Grafton
Grafton Group PLC is a company operating in the building materials industry, focusing on the distribution and retail of building supplies. It primarily serves the UK and Ireland markets, providing a range of products and services to the construction and home improvement sectors.
YTD Price Performance: -9.41%
Average Trading Volume: 310,703
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.71B
For detailed information about GFTU stock, go to TipRanks’ Stock Analysis page.
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