Grafton Group Ut (CDI) (GFTU)

Sector:

Support

Index:

FTSE 250

957.80p
   
  • Change Today:
    -2.60p
  • 52 Week High: 1,008.00
  • 52 Week Low: 751.00
  • Currency: UK Pounds
  • Shares Issued: 200.26m
  • Volume: 98,565
  • Market Cap: £1,918.04m
  • RiskGrade: 144

CMA says sale of Grafton's merchanting business raises competition concerns

By Michele Maatouk

Date: Monday 29 Nov 2021

LONDON (ShareCast) - (Sharecast News) - The Competition and Markets Authority said on Monday that it will refer the sale of Grafton's merchanting business to Huw Gray for an in-depth investigation if the two parties do not address competition concerns by next week.
Building materials distributor and DIY retailer Grafton announced in July that it had agreed sell its traditional merchanting business to builders' merchant Huw Gray in a £520m deal.

Although the sale is not conditional on approval from the CMA, the competition watchdog said it had found that the deal could result in a substantial lessening of competition.

Grafton released a brief statement in which it said the transaction is expected to complete on 28 February 2022.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GFTU Market Data

Currency UK Pounds
Share Price 957.80p
Change Today -2.60p
% Change -0.27 %
52 Week High 1,008.00
52 Week Low 751.00
Volume 98,565
Shares Issued 200.26m
Market Cap £1,918.04m
RiskGrade 144

GFTU Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.47% above the market average33.47% above the market average33.47% above the market average33.47% above the market average33.47% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
61.50% above the market average61.50% above the market average61.50% above the market average61.50% above the market average61.50% above the market average
36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average
Income
34.68% below the market average34.68% below the market average34.68% below the market average34.68% below the market average34.68% below the market average
49.21% above the sector average49.21% above the sector average49.21% above the sector average49.21% above the sector average49.21% above the sector average
Growth
80.03% below the market average80.03% below the market average80.03% below the market average80.03% below the market average80.03% below the market average
79.8% below the sector average79.8% below the sector average79.8% below the sector average79.8% below the sector average79.8% below the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 2
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GFTU Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 21-Sep-23
Paid 09-May-24 20-Oct-23
Amount 26.00p 10.00p

Trades for 14-May-2024

Time Volume / Share Price
15:17 5,084 @ 962.00p
16:35 63,283 @ 957.80p
16:35 283 @ 957.80p
16:35 383 @ 957.80p
16:35 28 @ 957.80p

GFTU Key Personnel

CEO Eric Born
Chair Ian Tyler

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