Grafton (GB:GFTU) has released an update.
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Grafton Group PLC has repurchased 35,000 of its own shares on the London Stock Exchange as part of its ongoing £30 million share buyback program. The shares were acquired at an average price of £10.1875, contributing to a total of over 1.65 million shares repurchased since the program’s announcement in August 2024. This move is seen as a strategic effort to enhance shareholder value and optimize the company’s capital structure.
For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.
