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Grafton Group Advances Share Buyback Program with Latest Purchase

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Grafton Group Advances Share Buyback Program with Latest Purchase

Confident Investing Starts Here:

The latest announcement is out from Grafton ( (GB:GFTU) ).

Grafton Group plc, a company involved in a share buyback program, announced the purchase and cancellation of 2,774 ordinary shares on the London Stock Exchange as part of its ongoing GBP 30,000,000 buyback initiative. This transaction, executed by Numis Securities Limited, is part of a larger effort that has seen the company buy back a total of 2,444,128 shares since the program’s inception on March 6, 2025. The buyback is in line with regulatory requirements and aims to enhance shareholder value.

The most recent analyst rating on (GB:GFTU) stock is a Buy with a £11.70 price target. To see the full list of analyst forecasts on Grafton stock, see the GB:GFTU Stock Forecast page.

Spark’s Take on GB:GFTU Stock

According to Spark, TipRanks’ AI Analyst, GB:GFTU is a Outperform.

Grafton’s overall stock score reflects a strong financial foundation with effective cost management and attractive valuation metrics. However, challenges in profitability and cash flow management, along with cautious technical indicators, moderate the overall score. The stock remains attractive for value-focused investors with its solid equity position and reasonable valuation.

To see Spark’s full report on GB:GFTU stock, click here.

More about Grafton

Average Trading Volume: 393,476

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.94B

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

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