Grafton Group

Latest share buyback completed as attention moves to trading update

  • Sectors : Builders Merchants
  • Companies : Grafton Group

Ratings and price correct at time of issue.

  • Grafton Group

    Closing Price: 1000p

  • RATING 07/10/20

  • PREVIOUS RATING 21/05/20

    NEUTRAL

DAVY VIEW

Grafton has announced the completion of its latest £30m share buyback programme. The share buyback, a feature of Grafton’s capital allocation policy since 2022, has been facilitated by the group’s pristine financial position and excellent cash generation capabilities. Attention now moves to the upcoming trading update, which should confirm organic revenue growth in the first half of the year.

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Jul 9 2025, 07:44 IST/BST

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