Grafton Group Enhances Shareholder Value with Buyback

Grafton (GB:GFTU) has released an update.

Grafton Group PLC has repurchased 35,000 of its ordinary shares at an average price of £10.1797 each on the London Stock Exchange as part of its £30 million share buyback program. This move marks a continued effort to enhance shareholder value, following the purchase of over 1.5 million shares since the program’s initiation in August 2024. Investors may find this buyback strategy indicative of Grafton’s confidence in its market position.

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