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Grafton ( (GB:GFTU) ) just unveiled an announcement.
Grafton Group plc has executed a share buyback transaction, acquiring 31,481 shares on the London Stock Exchange as part of its ongoing GBP 30 million buyback program initiated in August 2024. This move is part of Grafton’s strategy to enhance shareholder value by reducing the number of outstanding shares, which could potentially improve the company’s earnings per share and market perception.
More about Grafton
YTD Price Performance: 9.41%
Average Trading Volume: 376,182
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.9B
Learn more about GFTU stock on TipRanks’ Stock Analysis page.
