Grafton (GB:GFTU) has released an update.
Grafton Group PLC has actively continued its share buyback program, purchasing 35,000 of its own shares for cancellation on September 11, 2024, at a volume-weighted average price of £10.3814. This recent transaction is part of a larger share buyback initiative worth £30 million announced on August 29, 2024, signaling the company’s ongoing efforts to manage its share capital efficiently. To date, Grafton has bought back a total of 354,721 shares, demonstrating a substantial investment in its own stock.
For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.
