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Grafton ( (GB:GFTU) ) has issued an announcement.
Grafton Group has continued executing its previously announced £25 million share buyback programme, repurchasing 50,000 ordinary shares on 9 March for cancellation at a volume-weighted average price of £8.8942 on the London Stock Exchange. The company has now bought back a total of 150,000 shares through Goodbody Stockbrokers and Deutsche Bank since the programme began on 5 March 2026, signalling ongoing capital return to shareholders and a potential boost to earnings per share.
By cancelling the repurchased shares rather than holding them in treasury, Grafton is actively reducing its share count, which can enhance per-share metrics and underline management’s confidence in the group’s financial position. The detailed disclosure of trade data under market abuse regulations also reflects regulatory compliance and transparency for investors monitoring liquidity and execution quality in the company’s stock.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1034.00 price target. To see the full list of analyst forecasts on Grafton stock, see the GB:GFTU Stock Forecast page.
Spark’s Take on GB:GFTU Stock
According to Spark, TipRanks’ AI Analyst, GB:GFTU is a Neutral.
The score is driven primarily by solid underlying financial quality (strong cash conversion and a conservative balance sheet) and supportive valuation (moderate P/E with a ~4% yield). These positives are partly offset by weaker technicals (price below key moving averages and negative MACD) and guidance indicating a slow early-2026 trading environment with persistent cost inflation and regional softness.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Grafton Group plc is a building materials distributor and DIY products supplier serving trade and retail customers, primarily in the U.K. and Ireland. The group operates through merchanting, distribution, and related services, focusing on construction, renovation, and home improvement markets.
Average Trading Volume: 359,153
Technical Sentiment Signal: Buy
Current Market Cap: £1.71B
Find detailed analytics on GFTU stock on TipRanks’ Stock Analysis page.