Grafton Group

Eighth share buyback completed

  • Sectors : Builders Merchants
  • Companies : Grafton Group

Ratings and price correct at time of issue.

  • Grafton Group

    Closing Price: 870p

  • RATING 07/10/20

  • PREVIOUS RATING 21/05/20

    NEUTRAL

DAVY VIEW

Grafton has completed its eighth share buyback programme since 2022. This has been facilitated by Grafton’s exceptional financial position and consistently impressive free cash flow generation capabilities. The group will issue a trading update on May 15th. Our forecasts have yet to incorporate the recent attractive acquisitions of Cygnum and Mercaluz, which represent a clearly positive stimulus to earnings momentum.

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May 11 2026, 07:56 IST/BST

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