An update from Grafton ( (GB:GFTU) ) is now available.
Grafton Group PLC has announced the purchase and cancellation of 65,000 ordinary shares as part of its ongoing GBP30 million share buyback program. This move, executed on the London Stock Exchange through Goodbody Stockbrokers, reflects Grafton’s commitment to enhancing shareholder value and optimizing its capital structure. The buyback program, which began on March 6, 2025, has so far seen the cancellation of 839,135 shares, indicating a strategic focus on returning capital to shareholders.
More about Grafton
Grafton Group PLC operates in the building materials industry, focusing on the distribution of building supplies and DIY products. The company is known for its extensive range of construction materials and home improvement products, serving both professional builders and DIY enthusiasts across various markets.
YTD Price Performance: -7.73%
Average Trading Volume: 322,830
Technical Sentiment Signal: Hold
Current Market Cap: £1.74B
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