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Grafton ( (GB:GFTU) ) has issued an announcement.
Grafton Group plc, a company involved in a GBP 30,000,000 share buyback programme, announced the purchase and cancellation of 47,332 ordinary shares on the London Stock Exchange, with the transaction being part of an ongoing buyback initiative that began in March 2025. This strategic move is aimed at enhancing shareholder value and optimizing the company’s capital structure, reflecting a commitment to returning capital to shareholders and potentially impacting its market position positively.
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’s overall stock score is driven by solid financial performance and valuation, with technical indicators showing moderate upward momentum. The absence of earnings call data means this score is based primarily on financial and technical analysis, with corporate events providing positive sentiment through a robust share buyback program.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Average Trading Volume: 320,531
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.99B
Find detailed analytics on GFTU stock on TipRanks’ Stock Analysis page.