Grafton ( (GB:GFTU) ) has issued an update.
Grafton Group plc, a company engaged in a share buyback program, announced the purchase and cancellation of 65,000 ordinary shares on the London Stock Exchange. This transaction is part of a larger GBP30 million buyback initiative that began on March 6, 2025, and has seen over 1.35 million shares repurchased to date. The buyback is conducted through Goodbody Stockbrokers UC, and the recent purchase was made at an average price of £8.6920 per share. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Grafton
YTD Price Performance: -9.46%
Average Trading Volume: 334,270
Technical Sentiment Signal: Buy
Current Market Cap: £1.69B
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