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Galliford Try Executes Share Buyback to Enhance Capital Structure

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Galliford Try Executes Share Buyback to Enhance Capital Structure

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

Galliford Try Holdings PLC has announced the purchase of 25,000 of its ordinary shares at a price of 385 pence each as part of a buyback program initiated in October 2024. This transaction contributes to a cumulative total of 2,381,887 shares purchased under the program, resulting in 101,816,675 shares in issue, which represents the total number of voting rights in the company. The cancellation of these shares is intended to optimize the company’s capital structure and potentially increase shareholder value.

More about Galliford Try

YTD Price Performance: -2.06%

Average Trading Volume: 141,500

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £372.5M

Learn more about GFRD stock on TipRanks’ Stock Analysis page.

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