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The latest announcement is out from Grafton ( (GB:GFTU) ).
Grafton Group plc has launched a new share buyback programme, appointing Goodbody Stockbrokers UC as agent and Deutsche Bank AG as principal to repurchase ordinary shares worth up to £25 million. The purchases, which will be executed independently under pre-set parameters, are scheduled to run from 5 March 2026 until no later than 31 August 2026, subject to market conditions.
The buyback, with a maximum capacity of 15,611,936 shares to be acquired on the London Stock Exchange and then cancelled, is intended to reduce the company’s share capital. Conducted in line with UK and EU market abuse and regulatory requirements and existing shareholder authorities, the programme may support capital efficiency and shareholder value, although Grafton notes there is no guarantee it will be completed in full.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £11.50 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 its solid financial structure and attractive valuation, supported by strong dividend yield and active share buybacks. The positive earnings call and corporate events further bolster confidence. However, challenges in profitability and cash flow management, along with neutral technical indicators, slightly temper the outlook.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Grafton Group plc is a European multinational distributor of construction-related products and solutions. The company operates across key building materials markets, supplying professional contractors and trade customers with a broad range of construction products through its network and platforms.
Average Trading Volume: 340,432
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.74B
For detailed information about GFTU stock, go to TipRanks’ Stock Analysis page.