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Grafton ( (GB:GFTU) ) has shared an update.
Grafton Group plc has announced the purchase and cancellation of 35,000 ordinary shares as part of its ongoing GBP 30 million share buyback programme. This strategic move, conducted on the London Stock Exchange, demonstrates Grafton’s commitment to returning value to its shareholders and maintaining a strong financial position by reducing the number of shares in circulation.
More about Grafton
Grafton Group plc is a company operating in the building materials and DIY retail sector. It is primarily involved in the distribution of building materials and products, with a focus on market presence in the UK and Ireland.
YTD Price Performance: -1.32%
Average Trading Volume: 327,657
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.87B
For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.
