Grafton Group Advances Share Buyback Strategy

Grafton (GB:GFTU) has released an update.

Grafton Group PLC has repurchased 25,000 of its own shares on the London Stock Exchange as part of its ongoing £30 million share buyback program. The shares were acquired at an average price of £9.59 per share, contributing to a total of 2,482,651 shares bought back since the program’s inception in August 2024. This move is part of Grafton’s strategy to enhance shareholder value by reducing the number of shares in circulation.

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