Grafton (GB:GFTU) has released an update.
Grafton Group PLC has continued its substantial share buyback program by purchasing 35,000 shares at an average price of £10.6439 per share on the London Stock Exchange. This move is part of a broader £30 million buyback initiative announced in August 2024, and to date, the company has repurchased over 1.26 million shares for cancellation. This strategic financial maneuver aims to enhance shareholder value by reducing the number of outstanding shares.
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