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

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

Grafton Group has continued its recently launched £25 million share buyback programme with the purchase and cancellation of 50,000 ordinary shares on 24 March on the London Stock Exchange at a volume-weighted average price of £9.2133. The group has now cancelled a total of 700,000 shares through Goodbody Stockbrokers and Deutsche Bank since the programme began on 5 March, incrementally reducing its share count and signaling ongoing capital returns to shareholders.

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 U.K. and Ireland. The company supplies construction products and related services to trade, retail and industrial customers, positioning itself as a key intermediary in the building and home improvement markets.

Average Trading Volume: 484,470

Technical Sentiment Signal: Buy

Current Market Cap: £1.74B

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