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Grafton ( (GB:GFTU) ) has shared an announcement.
Grafton Group plc has continued execution of its previously announced £25 million share buyback, repurchasing 50,000 ordinary shares on 12 March on the London Stock Exchange at a volume-weighted average price of £9.0709. The latest transaction, carried out via Goodbody Stockbrokers, brings total shares bought back for cancellation since the programme began on 5 March to 300,000.
The incremental cancellation of shares reduces Grafton’s share count and is likely to enhance earnings per share over time, underlining management’s confidence in the group’s financial position and long-term prospects. The programme also signals an ongoing commitment to capital returns for investors, aligning Grafton with peers in the building materials sector that are using buybacks as a tool to optimise balance sheets and shareholder value.
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 UK- and Ireland-listed building materials distributor and DIY retailer, supplying construction products and related services to trade, residential and industrial customers. The company operates across multiple channels, including merchanting and retail outlets, with a focus on the UK, Irish and selected European markets.
Average Trading Volume: 364,387
Technical Sentiment Signal: Buy
Current Market Cap: £1.73B
See more data about GFTU stock on TipRanks’ Stock Analysis page.