Grafton Cancels Further Shares as £25m Buyback Programme Progresses

Grafton ( (GB:GFTU) ) just unveiled an announcement.

Grafton Group plc has continued its previously announced £25 million share buyback programme, repurchasing 85,000 ordinary shares on 7 May 2026 on the London Stock Exchange for cancellation at a volume-weighted average price of £8.9035. This latest transaction, executed by Deutsche Bank’s London branch, brings the total shares bought back and cancelled under the current programme to 2,702,067, signalling ongoing capital returns to shareholders and a tighter share base that may support earnings per share over time.

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 retail group listed on the London Stock Exchange, supplying construction products and related services primarily to trade and retail customers in the UK and Ireland. The company focuses on serving the housing, repair, maintenance, and improvement markets through a portfolio of merchanting and distribution brands.

Average Trading Volume: 525,424

Technical Sentiment Signal: Buy

Current Market Cap: £1.67B

See more insights into GFTU stock on TipRanks’ Stock Analysis page.