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Grafton Group Advances Share Buyback Efforts
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Grafton Group Advances Share Buyback Efforts

Grafton Group plc (GB:GFTU) has released an update.

Grafton Group plc has actively continued its share buyback program by purchasing 80,000 ordinary shares for cancellation on April 16, 2024, at a volume-weighted average price of £9.557345. This move is part of an expanded buyback program from an initial GBP 50 million to GBP 100 million, demonstrating the company’s commitment to returning value to shareholders. To date, Grafton Group has acquired a total of 10,508,005 shares, signaling strong financial management and investor confidence.

For further insights into GB:GFTU stock, check out TipRanks’ Stock Analysis page.

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