Grafton (GB:GFTU) has released an update.
Grafton Group PLC has initiated a share buyback program, purchasing 40,000 of its own shares on the London Stock Exchange for cancellation, signaling a return of value to shareholders. These shares were acquired at a volume-weighted average price of £10.5189, with the program set to conclude by the end of December 2024. The buyback comes as part of a larger GBP30 million program announced by the company, demonstrating Grafton’s commitment to managing its capital effectively.
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