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An announcement from Grafton ( (GB:GFTU) ) is now available.
Grafton Group PLC has repurchased 35,000 shares, as part of its ongoing £30 million share buyback program, which was initiated in August 2024. This move is likely to enhance shareholder value and indicates confidence in the company’s financial health, as it has so far bought back 2,552,651 shares for cancellation.
More about Grafton
Grafton Group PLC operates in the building materials distribution industry, primarily providing products and services for construction and home improvement markets across Europe.
YTD Price Performance: 10.06%
Average Trading Volume: 398,470
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.91B
For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.
