Grafton Group PLC (ISE:GFTU) jumped 10% to 802p after reaffirming full-year profit expectations and announcing another share buyback.
The FTSE 250 builders’ merchants said like-for-like revenue in the period from 1 July to 31 October was stronger than the year prior, with profit guidance unchanged at £266mln for the full-year.
Additionally, it announced a further share buyback for a maximum consideration of up to £100mln.