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Grafton ( (GB:GFTU) ) has issued an update.
Grafton Group PLC has announced a new share buyback programme, aiming to repurchase ordinary shares worth up to £25 million. The buyback, set to run from September 4, 2025, to January 31, 2026, is designed to reduce the company’s share capital and will be conducted on the London Stock Exchange. This move aligns with the authority granted by shareholders and will adhere to relevant market regulations. The buyback reflects Grafton’s strategic focus on optimizing its capital structure, potentially enhancing shareholder value.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1038.00 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’s overall score reflects a solid financial structure and successful corporate actions such as share buybacks and strategic acquisitions. However, technical indicators show bearish momentum, and there are concerns about profitability and cash flow trends, which moderate the overall outlook.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Grafton Group PLC is an international distributor of building materials and a retailer of DIY products. The company focuses on providing a wide range of construction and home improvement products to various markets.
Average Trading Volume: 315,277
Technical Sentiment Signal: Sell
Current Market Cap: £1.7B
See more insights into GFTU stock on TipRanks’ Stock Analysis page.