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Pin to quick picksGrafton Group Share News (GFTU)

Share Price Information for Grafton Group (GFTU)

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Share Price: 910.00
Bid: 911.60
Ask: 912.40
Change: 7.60 (0.84%)
Spread: 0.80 (0.088%)
Open: 877.00
High: 918.00
Low: 877.00
Prev. Close: 902.40
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Grafton launches review of UK traditional merchanting businesses

Fri, 16th Apr 2021 07:56

(Alliance News) - Grafton Group PLC on Friday said it is mulling the potential sale of its UK traditional merchant businesses, as part of a strategic review.

The Dublin-based building materials distributor and DIY retailer said it has appointed Rothschild & Co to undertake the review, which is focused solely the Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, Bathroom Distribution Group and NDI businesses.

No other businesses in the group form part of the strategic review, it stressed.

The review "may or may not" result in the sale of some, or all, of the businesses, Grafton added.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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4 Jul 2022 07:05

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(Sharecast News) - Builders merchants Grafton revealed on Monday that chief executive Gavin Slark has opted to step down as chief executive officer after 11 years in the role.

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23 May 2022 17:04

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9 May 2022 07:44

Grafton starts £100m share buyback

(Sharecast News) - Building materials distributor and DIY retailer Grafton Group has started its £100m share buyback, announced last month.

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28 Apr 2022 11:03

Grafton makes strong start to year; unveils GBP100 million buyback

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28 Apr 2022 08:30

Grafton unveils £100m share buyback

(Sharecast News) - Shares in Grafton Group sparked on Thursday after the building materials specialist posted a jump in first-quarter sales and announced a £100m share buyback.

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21 Apr 2022 16:11

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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1 Apr 2022 11:10

UPDATE: Lords Group subsidiary makes GBP2.2 million branch buy

Lords Group Trading PLC - London-based building material distributor - Says its subsidiary, Hevey Building Supplies Ltd, has acquired a Buildbase builders' merchant branch in Suffolk, England from Grafton Merchanting GB Ltd. The branch was previously part of Grafton Merchanting's timber and building materials business. The total consideration of GBP2.2 million will be met from the company's existing cash resources.

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Grafton starts 2022 with strong momentum after doubled annual dividend

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24 Feb 2022 08:14

Grafton hails 'very strong' performance across business as FY profits jump

(Sharecast News) - Building materials distributor and DIY retailer Grafton posted a jump in full-year profits and revenue on Thursday as it hailed a "very strong" performance across all businesses and record contributions from Woodie's and Selco.

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14 Jan 2022 09:24

UK CMA accepts undertakings for Grafton disposal to Huws Gray

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