Grafton (GB:GFTU) has released an update.
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Grafton Group PLC has announced a significant move in its ongoing GBP 30 million share buyback program by purchasing 35,000 ordinary shares for cancellation at an average price of £9.3839 on the London Stock Exchange. This transaction is part of Grafton’s effort to bolster shareholder value and manage its capital structure effectively. Investors keen on stock buyback strategies might find Grafton’s actions indicative of the company’s confidence in its financial health and future prospects.
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