Grafton Group Advances Share Buyback Program with Latest Purchase

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

Grafton Group plc has announced the purchase and cancellation of 46,926 ordinary shares as part of its £30 million share buyback program on the London Stock Exchange. This transaction, executed by Numis Securities Limited, is part of a broader strategy initiated on 6 March 2025, with the company having repurchased a total of 2,491,054 shares to date. The share buyback is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and reflecting confidence in the company’s financial health.

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 Group exhibits strong financial stability with effective cost management and attractive valuation metrics, which appeal to value-focused investors. However, challenges in profitability and cash flow management, alongside cautionary technical indicators, moderate the overall score. The absence of recent earnings call data and the redundancy of corporate events with financial performance focus the analysis on core metrics. Overall, the stock is moderately attractive, balancing financial stability and valuation against cautionary technical indicators.

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

More about Grafton

Average Trading Volume: 407,902

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.01B

See more data about GFTU stock on TipRanks’ Stock Analysis page.