tiprankstipranks
Grafton Group Enhances Shareholder Value Through Buyback
Company Announcements

Grafton Group Enhances Shareholder Value Through Buyback

Story Highlights

Stay Ahead of the Market:

Grafton ( (GB:GFTU) ) has provided an update.

Grafton Group plc announced the repurchase and cancellation of 31,302 ordinary shares on the London Stock Exchange, as part of its £30 million share buyback program initiated in August 2024. This transaction marks a continued effort to return value to shareholders, with a total of 2,981,410 shares repurchased to date, potentially enhancing the company’s stock value and market perception.

More about Grafton

YTD Price Performance: -3.37%

Average Trading Volume: 325,155

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.88B

For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App