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Grafton Group Launches £30 Million Share Buyback Programme

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Grafton Group Launches £30 Million Share Buyback Programme

The latest update is out from Grafton ( (GB:GFTU) ).

Grafton Group plc has announced a new share buyback programme, engaging Goodbody Stockbrokers UC and Numis Securities Limited to repurchase up to £30 million worth of shares. The initiative aims to reduce the company’s share capital and will run from March 6, 2025, to August 31, 2025, subject to market conditions, with shares being repurchased on the London Stock Exchange and subsequently cancelled.

More about Grafton

Grafton Group plc is an international distributor of building materials and a retailer in the DIY sector.

YTD Price Performance: -14.32%

Average Trading Volume: 283,796

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.57B

For an in-depth examination of GFTU stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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