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Grafton Cancels Further Shares as £25m Buyback Advances

Story Highlights
  • Grafton repurchased 75,000 shares in London under its £25 million buyback, reaching 2.1 million shares cancelled since March.
  • The ongoing share buyback reduces Grafton’s share count and underscores its capital return policy, potentially boosting earnings per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Grafton Cancels Further Shares as £25m Buyback Advances

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An update from Grafton ( (GB:GFTU) ) is now available.

Grafton Group has continued execution of its previously announced £25 million share buyback, repurchasing 75,000 ordinary shares on 24 April 2026 on the London Stock Exchange at a volume-weighted average price of £9.0921 per share. The shares bought from Deutsche Bank AG, London Branch, will be cancelled, with the company having now acquired a total of 2,125,970 shares for cancellation since the programme began on 5 March 2026.

The ongoing buyback reduces Grafton’s share count and signals continued capital returns to shareholders, which may enhance earnings per share and support the share price over time. The detailed disclosure of trade data aligns with market abuse regulations, reinforcing transparency for investors and other market participants about the scale and pricing of the company’s repurchase activity.

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, supplying trade and retail customers primarily through merchanting and home improvement outlets in the U.K. and Ireland. The group focuses on construction-related products and services, positioning itself as a key supplier to the residential repair, maintenance, and improvement markets.

Average Trading Volume: 503,832

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.73B

Find detailed analytics on GFTU stock on TipRanks’ Stock Analysis page.

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