Grafton (GB:GFTU) has released an update.
Grafton Group PLC has repurchased 35,000 ordinary shares on the London Stock Exchange at an average price of £9.8124 each, as part of its ongoing £30 million share buyback program. This move is designed to enhance shareholder value by reducing the number of shares in circulation. So far, Grafton has bought back a total of 1,798,021 shares since the program began in August 2024.
For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.