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Grafton ( (GB:GFTU) ) just unveiled an update.
Grafton Group plc has announced the purchase and cancellation of 48,000 ordinary shares as part of its ongoing GBP 30 million share buyback program. This transaction, executed on the London Stock Exchange, reflects Grafton’s strategic initiative to enhance shareholder value and optimize its capital structure, having already purchased a total of 2,780,499 shares since the program’s inception in March 2025.
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 stock score reflects a stable financial structure with robust equity and effective cost management. The ongoing share buyback program positively impacts shareholder value. However, challenges in profitability and cash flow management, along with neutral technical indicators, moderate the overall score.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Average Trading Volume: 323,877
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.92B
See more insights into GFTU stock on TipRanks’ Stock Analysis page.