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Grafton Group Progresses with Share Buyback Initiative

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Grafton Group Progresses with Share Buyback Initiative

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An announcement from Grafton ( (GB:GFTU) ) is now available.

Grafton Group plc has executed a share buyback transaction as part of its ongoing GBP 30 million programme, purchasing and canceling 35,000 ordinary shares on the London Stock Exchange with prices ranging from £9.4520 to £9.5540. This move indicates Grafton’s commitment to returning value to shareholders and could potentially enhance earnings per share by reducing the number of shares outstanding.

More about Grafton

YTD Price Performance: 9.54%

Average Trading Volume: 381,376

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.9B

Find detailed analytics on GFTU stock on TipRanks’ Stock Analysis page.

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