Grafton (GB:GFTU) has released an update.
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Grafton Group has repurchased 35,000 ordinary shares at an average price of £9.4503 per share as part of its £30 million share buyback program on the London Stock Exchange. This move is part of a larger strategy, with the company having purchased over 2.28 million shares in total under this scheme since August 2024. The buyback is expected to enhance shareholder value by reducing the number of shares in circulation.
For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.
