Grafton (GB:GFTU) has released an update.
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Grafton Group PLC has repurchased 35,000 of its shares on the London Stock Exchange at an average price of £10.3777, as part of its ongoing £30 million share buyback program. This move, which is aimed at enhancing shareholder value, brings the total shares repurchased to over 1.4 million since the program’s initiation in August. Investors may find Grafton’s buyback strategy indicative of confidence in the company’s financial health.
For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.
