tiprankstipranks
Advertisement
Advertisement

Galliford Try Continues Buyback, Cancels More Shares

Story Highlights
Galliford Try Continues Buyback, Cancels More Shares

Claim 55% Off TipRanks

The latest announcement is out from Galliford Try ( (GB:GFRD) ).

Galliford Try has continued its share buyback programme, purchasing 7,500 ordinary shares at prices between 559p and 565p on 24 February 2026 through broker Panmure Liberum. The company intends to cancel these shares, contributing to a total of 1,750,885 shares repurchased since the programme began and leaving 100,531,402 ordinary shares in issue.

The cancellation of the repurchased shares reduces the overall share count and confirms the current total voting rights for investors under UK disclosure rules. This move is likely aimed at enhancing shareholder value and signals management’s ongoing commitment to capital returns, while providing clarity for investors on ownership thresholds and regulatory notification requirements.

The most recent analyst rating on (GB:GFRD) stock is a Buy with a £664.00 price target. To see the full list of analyst forecasts on Galliford Try stock, see the GB:GFRD Stock Forecast page.

Spark’s Take on GB:GFRD Stock

According to Spark, TipRanks’ AI Analyst, GB:GFRD is a Outperform.

Galliford Try’s overall stock score is driven by strong technical indicators and a solid financial foundation, despite challenges in revenue growth and profit margins. The share buyback program further supports shareholder value, making it an attractive option for investors seeking stability and income.

To see Spark’s full report on GB:GFRD stock, click here.

More about Galliford Try

Galliford Try Holdings plc is a UK-based construction and infrastructure company, focusing on building and infrastructure projects across public and regulated sectors. The group typically delivers services for transport, environmental, and social infrastructure clients, operating primarily in the UK market and listed on the London Stock Exchange.

Average Trading Volume: 276,388

Technical Sentiment Signal: Buy

Current Market Cap: £543.9M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1