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Grafton Group Advances Share Buyback Program

Grafton Group Advances Share Buyback Program

Grafton Group plc (GB:GFTU) has released an update.

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Grafton Group plc has continued its share buyback program, purchasing 40,000 ordinary shares at an average price of £9.453230 each on the London Stock Exchange for cancellation. This latest transaction is part of an expanded buyback plan, now totaling GBP 100 million, demonstrating the company’s commitment to returning value to its shareholders. The buyback initiative, which started on 31 August 2023, has so far resulted in the cancellation of a total of 11,017,792 shares.

For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.

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