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Grafton ( (GB:GFTU) ) has issued an announcement.
Grafton Group PLC, a company involved in a share buyback initiative, announced the purchase and cancellation of 13,461 ordinary shares on the London Stock Exchange as part of its £25 million share buyback program. This transaction, executed through Numis Securities Limited, reflects Grafton’s ongoing efforts to manage its capital structure and potentially enhance shareholder value, having already cancelled a total of 1,861,229 shares since the program’s commencement on 4 September 2025.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1022.00 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 stock score is driven by solid financial performance and positive earnings call highlights, including profit growth and strong capital returns. The valuation is attractive with a reasonable P/E ratio and high dividend yield. Technical analysis indicates a neutral trend, with no significant momentum. Challenges in specific markets like Finland and the UK are noted but do not overshadow the positive aspects.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Average Trading Volume: 398,456
Technical Sentiment Signal: Buy
Current Market Cap: £1.74B
For detailed information about GFTU stock, go to TipRanks’ Stock Analysis page.