Grafton Group Advances Share Buyback Program with Latest Purchase

Grafton ( (GB:GFTU) ) has shared an announcement.

Grafton Group plc, a company engaged in a share buyback program, announced the purchase and cancellation of 28,876 ordinary shares on the London Stock Exchange as part of its GBP 30 million buyback initiative. This transaction, executed by Numis Securities Limited, is part of a broader strategy to enhance shareholder value and optimize the company’s capital structure. The buyback program, which began on 6 March 2025, has seen the company purchase a total of 2,519,930 shares to date.

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’s overall score is driven by strong technical momentum and positive corporate events, particularly the share buyback program, which boosts shareholder value. While financial performance is stable, there are concerns about profitability and cash flow that slightly temper the overall assessment. Valuation is fair, supported by a decent dividend yield.

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

More about Grafton

Average Trading Volume: 406,052

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.94B

See more insights into GFTU stock on TipRanks’ Stock Analysis page.