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An announcement from Grafton ( (GB:GFTU) ) is now available.
Grafton Group plc has announced the purchase and cancellation of 47,000 ordinary shares as part of its ongoing GBP 30,000,000 share buyback program initiated on 6 March 2025. This transaction, executed on the London Stock Exchange through Numis Securities Limited, reflects Grafton’s commitment to enhancing shareholder value and optimizing its capital structure, having already repurchased a total of 2,827,499 shares.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1220.00 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.
The overall score reflects Grafton’s stable financial position and attractive valuation, bolstered by the positive impact of the share buyback program. However, caution is warranted due to declining profitability and cash flow concerns, as well as mixed technical indicators.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Average Trading Volume: 322,787
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.91B
See more insights into GFTU stock on TipRanks’ Stock Analysis page.