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Grafton ( (GB:GFTU) ) has provided an announcement.
Grafton Group PLC has continued its share buyback programme, purchasing an additional 35,000 ordinary shares for cancellation on the London Stock Exchange. This move, part of a broader GBP 30 million buyback initiative announced earlier, aims to optimize the company’s capital structure and potentially enhance shareholder value.
More about Grafton
Grafton Group PLC operates in the building materials industry, primarily engaging in the distribution of building supplies and related services. It is focused on the UK and Ireland markets, providing products essential for construction and home improvement projects.
YTD Price Performance: 9.62%
Average Trading Volume: 398,126
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.9B
Find detailed analytics on GFTU stock on TipRanks’ Stock Analysis page.
