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Grafton ( (GB:GFTU) ) just unveiled an announcement.
Grafton Group plc, a company involved in the building materials industry, announced the purchase and cancellation of 75,000 ordinary shares on the London Stock Exchange as part of its ongoing GBP25 million share buyback program. This transaction, executed through Goodbody Stockbrokers UC, reflects Grafton’s commitment to enhancing shareholder value and optimizing its capital structure. The buyback program, which began on 4 September 2025, has seen a total of 595,000 shares purchased for cancellation, indicating the company’s strategic approach to managing its equity base.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1022.00 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.
Grafton Group’s overall stock score is driven by its stable financial position and positive earnings call, which highlighted a return to profit growth and strong capital returns. The valuation is attractive with a reasonable P/E ratio and a solid dividend yield. However, technical indicators suggest potential resistance, and there are challenges in certain markets, particularly in the UK and Finland.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Average Trading Volume: 365,019
Technical Sentiment Signal: Hold
Current Market Cap: £1.7B
Learn more about GFTU stock on TipRanks’ Stock Analysis page.