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Grafton ( (GB:GFTU) ) just unveiled an update.
Grafton Group plc has continued executing its £25 million share buyback programme, repurchasing 75,000 ordinary shares for cancellation on 22 April 2026 on the London Stock Exchange at a volume-weighted average price of £9.493464. Including this latest tranche, the company has now bought back a total of 1,975,970 shares since the programme commenced on 5 March 2026, effectively reducing its share count and signalling ongoing capital returns to shareholders.
The latest repurchases, executed through Deutsche Bank’s London branch, form part of a structured buyback intended to manage Grafton’s capital structure and may enhance earnings per share over time. By cancelling the shares acquired, Grafton is concentrating ownership among remaining investors, which can support valuation metrics and underlines management’s confidence in the group’s financial position and long-term prospects.
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 retailing group serving trade and retail customers, primarily in the UK and Ireland. The company supplies construction materials, plumbing and heating products, and related services to professional contractors and homeowners, operating through merchanting, distribution and retail brands across its core markets.
Average Trading Volume: 498,695
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.81B
Learn more about GFTU stock on TipRanks’ Stock Analysis page.