Grafton Group Cancels Further Shares Under Ongoing Buyback Programme

Grafton ( (GB:GFTU) ) just unveiled an announcement.

Grafton Group has continued to execute its previously announced GBP25 million share buyback programme, repurchasing 75,000 ordinary shares on 1 April 2026 on the London Stock Exchange at a volume-weighted average price of £9.0302 for immediate cancellation. This latest transaction brings the total number of shares bought back and cancelled since the programme began on 5 March 2026 to 1,125,000, incrementally reducing the company’s share count and signaling ongoing capital return to shareholders, which may support earnings per share and underline management’s confidence in the group’s financial position.

The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1175.00 price target. To see the full list of analyst forecasts on Grafton stock, see the GB:GFTU Stock Forecast page.

Spark’s Take on GFTU Stock

According to Spark, TipRanks’ AI Analyst, GFTU is a Neutral.

The score is driven primarily by solid underlying financial quality (strong cash conversion and a conservative balance sheet) and supportive valuation (moderate P/E with a ~4% yield). These positives are partly offset by weaker technicals (price below key moving averages and negative MACD) and guidance indicating a slow early-2026 trading environment with persistent cost inflation and regional softness.

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

More about Grafton

Grafton Group plc is a building materials distributor and DIY retailing group serving trade and retail customers, primarily in the U.K. and Ireland. The company operates merchanting, DIY, and manufacturing businesses that supply construction materials, home improvement products, and related services across its core markets.

Average Trading Volume: 525,924

Technical Sentiment Signal: Buy

Current Market Cap: £1.71B

See more data about GFTU stock on TipRanks’ Stock Analysis page.