Grafton (GB:GFTU) has released an update.
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Grafton Group PLC has repurchased 30,000 of its own shares at an average price of £10.1309 as part of its £30 million share buyback program. This move brings the total number of shares bought back to over 1.49 million since the program began. Investors may view this as a strategic effort by Grafton to enhance shareholder value by reducing the company’s outstanding shares.
For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.