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Grafton Cancels Additional 50,000 Shares Under £25m Buyback Programme

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Grafton Cancels Additional 50,000 Shares Under £25m Buyback Programme

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The latest update is out from Grafton ( (GB:GFTU) ).

Grafton Group has continued executing its GBP25 million share buyback programme, repurchasing 50,000 ordinary shares on 23 March 2026 on the London Stock Exchange at a volume-weighted average price of £9.1797 for immediate cancellation. The company has now bought back an aggregate 650,000 shares since the programme commenced on 5 March 2026, signalling ongoing capital returns to shareholders and a commitment to active balance sheet management.

The latest transactions, carried out through Goodbody Stockbrokers, further reduce Grafton’s share count and may enhance earnings per share over time, underscoring management’s confidence in the group’s valuation and future prospects. The detailed trade data released also reflects compliance with market abuse regulations and provides transparency for investors monitoring the pace and pricing of the buyback activity.

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 retailing group, supplying trade and retail customers primarily through merchanting and related distribution channels in the U.K. and Ireland. The company focuses on construction, renovation, and home improvement markets, providing a broad range of building products and services to professional contractors and homeowners.

Average Trading Volume: 478,984

Technical Sentiment Signal: Buy

Current Market Cap: £1.76B

See more data about GFTU stock on TipRanks’ Stock Analysis page.

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