Grafton ( (GB:GFTU) ) has issued an update.
Grafton Group PLC has announced the purchase and cancellation of 65,000 ordinary shares as part of its ongoing GBP30 million share buyback program. This move, executed through Goodbody Stockbrokers on the London Stock Exchange, reflects the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Grafton
Grafton Group PLC operates in the building materials industry, providing a range of products and services primarily focused on the construction and home improvement sectors. The company is known for its extensive distribution network and market presence in the UK and Ireland.
YTD Price Performance: -8.60%
Average Trading Volume: 336,209
Technical Sentiment Signal: Buy
Current Market Cap: £1.72B
For detailed information about GFTU stock, go to TipRanks’ Stock Analysis page.