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Grafton Cancels 85,000 Shares as Buyback Passes 2.5 Million Mark

Story Highlights
  • Grafton repurchased 85,000 shares on 5 May 2026 under its £25m buyback, cancelling them to reduce its share count.
  • Total buybacks now reach 2,580,970 shares, highlighting Grafton’s ongoing capital return strategy and regulatory transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Grafton Cancels 85,000 Shares as Buyback Passes 2.5 Million Mark

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Grafton ( (GB:GFTU) ) has provided an announcement.

Grafton Group has continued its previously announced £25 million share buyback, repurchasing 85,000 ordinary shares on 5 May 2026 on the London Stock Exchange at a volume-weighted average price of £8.79 per share. These shares will be cancelled, reducing the company’s share count and bringing total repurchases under the programme to 2,580,970 shares, a move that signals ongoing capital-return efforts and may enhance earnings per share for remaining investors.

The transaction was executed by Deutsche Bank’s London branch on behalf of Grafton as part of the ongoing programme that commenced on 5 March 2026. The detailed trade data disclosed in the announcement under market abuse regulations underscores the group’s adherence to regulatory transparency while it continues to deploy excess capital to buy back stock rather than allocate it to alternative investments or distributions.

The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1170.00 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 U.K. and Ireland. The company focuses on supplying construction materials and related products to trade customers and consumers through its merchanting and retail brands, serving the housing, renovation, and broader construction markets.

Average Trading Volume: 526,196

Technical Sentiment Signal: Buy

Current Market Cap: £1.68B

For an in-depth examination of GFTU stock, go to TipRanks’ Overview page.

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