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Grafton ( (GB:GFTU) ) has issued an announcement.
Grafton Group has continued its previously announced £25 million share buyback, repurchasing 75,000 ordinary shares on 27 March for cancellation at a volume-weighted average price of £8.952 on the London Stock Exchange. The latest transaction brings the total number of shares bought back and cancelled under the current programme, executed through Goodbody Stockbrokers and Deutsche Bank since 5 March, to 900,000, signalling ongoing efforts to return capital to shareholders and reduce the company’s share count.
By shrinking its equity base via buybacks, Grafton may enhance earnings per share and support its valuation, a move likely to be welcomed by investors seeking capital returns in the building materials distribution sector. The detailed trade disclosures also underscore the company’s adherence to EU and UK market abuse and transparency regulations, providing additional comfort to market participants about execution practices.
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 listed in London. The company supplies construction materials and related products primarily to trade customers, with operations focused on the UK and Ireland markets.
Average Trading Volume: 523,704
Technical Sentiment Signal: Buy
Current Market Cap: £1.71B
For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.