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Grafton ( (GB:GFTU) ) has issued an announcement.
Grafton Group plc, a significant player in its industry, has undertaken a share buyback program as part of its financial strategy. On December 18, 2024, the company repurchased 16,492 ordinary shares at an average price of £9.5518, continuing its effort to buy back shares worth £30 million, which commenced in August 2024. This buyback program may enhance shareholder value by reducing the number of shares outstanding and is aligned with Grafton’s ongoing commitment to efficient capital management.
More about Grafton
YTD Price Performance: 7.59%
Average Trading Volume: 386,985
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.87B
For detailed information about GFTU stock, go to TipRanks’ Stock Analysis page.
