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Grafton Continues Share Buyback With Further 85,000-Share Repurchase

Story Highlights
  • Grafton repurchased 85,000 shares in London at an average £8.85 for cancellation.
  • Total shares cancelled under the buyback reached 2.36 million, tightening the share base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Grafton Continues Share Buyback With Further 85,000-Share Repurchase

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Grafton ( (GB:GFTU) ) has issued an announcement.

Grafton Group has continued executing its £25 million share buyback programme, repurchasing 85,000 ordinary shares on 29 April 2026 on the London Stock Exchange at a volume-weighted average price of £8.8485 for cancellation. The company has now cancelled a total of 2,360,970 shares since the programme began on 5 March 2026, incrementally reducing its share count and potentially enhancing earnings per share and capital returns for investors.

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, supplying construction products and related services primarily in the U.K. and Ireland. The company focuses on serving trade professionals and consumers through a network of merchanting branches and retail outlets, positioning it as a key player in the building and home improvement supply chain.

Average Trading Volume: 511,098

Technical Sentiment Signal: Buy

Current Market Cap: £1.65B

For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.

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