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Galliford Try Executes Share Buyback as Part of Capital Optimization Strategy

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Galliford Try Executes Share Buyback as Part of Capital Optimization Strategy

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

Galliford Try Holdings PLC, a construction and housebuilding company, announced a recent buyback of 9,498 of its ordinary shares from Peel Hunt LLP. This move is part of a buyback program initiated in October 2024, reflecting the company’s efforts to optimize its capital structure. Following the transaction, Galliford Try now has 101,918,270 ordinary shares in issue, with the purchased shares set for cancellation. This strategic financial maneuver aims to enhance shareholder value and adjust the company’s equity capital framework.

More about Galliford Try

YTD Price Performance: -0.52%

Average Trading Volume: 140,193

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £378.7M

See more data about GFRD stock on TipRanks’ Stock Analysis page.

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