Grafton Cancels Further Shares as £25m Buyback Programme Progresses

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

Grafton Group plc has continued to execute its previously announced £25 million share buyback programme, purchasing 45,617 ordinary shares for cancellation on the London Stock Exchange on 8 May at a volume-weighted average price of £8.8291. This latest transaction, carried out through Deutsche Bank, brings the total number of shares repurchased and cancelled since the programme began on 5 March 2026 to 2,747,684, signaling ongoing capital management efforts that reduce the company’s share count and may enhance earnings per share and shareholder value 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 retailing group headquartered in Ireland, with listings on the London Stock Exchange. The company focuses on supplying construction materials, home improvement products and related services to trade, retail and industrial customers, primarily in the U.K. and Ireland.

Average Trading Volume: 530,804

Technical Sentiment Signal: Buy

Current Market Cap: £1.64B

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