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Jun 30 2026, 08:29 IST/BST
Grafton Group
New share buyback highlights financial strength
- Sectors : Builders Merchants
- Companies : Grafton Group
DAVY VIEW
Grafton has announced a fresh share buyback of up to £25m. This is a testament to the group’s financial strength given it recently invested circa £200m on two acquisitions. Share buybacks are an important component of Grafton’s capital allocation policy. Along with what should be operating profit growth, we believe they will help Grafton meet its stated target of annual EPS growth of 10%+ out to 2030.
