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Grafton ( (GB:GFTU) ) just unveiled an announcement.
Grafton Group has continued to execute its £25 million share buyback programme, repurchasing 23,500 ordinary shares for cancellation on 9 April on the London Stock Exchange at a volume-weighted average price of £9.1736. This latest transaction brings the total number of shares bought back and cancelled since the programme began in early March to 1,373,500, signalling ongoing capital return to shareholders and a tighter share base.
The buyback activity, conducted through Goodbody Stockbrokers and previously Deutsche Bank, underlines the group’s confidence in its balance sheet and long-term prospects. By reducing the number of shares in issue, the company is likely to enhance earnings per share over time and may support the stock’s valuation, which is notable for investors tracking capital allocation in the building materials sector.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1175.00 price target. To see the full list of analyst forecasts on Grafton stock, see the GB:GFTU Stock Forecast page.
Spark’s Take on GFTU Stock
According to Spark, TipRanks’ AI Analyst, 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 GFTU stock, click here.
More about Grafton
Grafton Group plc is a building materials distributor and DIY retailer operating primarily in the UK and Ireland. The company supplies construction materials, fixings, and related products to trade customers and consumers, positioning itself as a key player in the building and home improvement markets.
Average Trading Volume: 538,220
Technical Sentiment Signal: Buy
Current Market Cap: £1.76B
For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.