Galliford Try has completed its latest £10m share buyback programme, marking the third such initiative since the business began returning surplus cash to shareholders following its 2020 restructuring.
The most recent programme, announced on 17 September 2025, concluded this month with the repurchase of 1,957,703 shares at an average price of approximately £5.11 per share, all of which have now been cancelled. This follows a second £10m buyback programme that ran from October 2024 to May 2025, during which the company acquired 2,690,861 shares at an average price of around £3.72.
The first buyback, completed in November 2023, saw 8,404,148 shares repurchased at a total cost of £15m. Across dividends and these three buyback programmes, Galliford Try has returned £107m to shareholders since the 2021 financial year.
The contractor’s capital return strategy was established after it became a standalone construction-focused business in 2020, following the £1.1bn sale of its housebuilding division to Vistry Group. Since then, the company has focused on disciplined capital allocation alongside operational growth.
Galliford Try reported pre-tax profit of £44.1m on turnover of £1.9bn in its most recent full-year results for the year to 30 June 2025, reflecting stable performance across its construction and infrastructure activities.
The company was ranked 11th in last year’s CN100 list of top UK contractors and rejoined the FTSE 250 in October, placing it among the UK’s mid-cap listed companies by market capitalisation.
In its results statement, the company said it is “committed to delivering long-term value to all our stakeholders, including our shareholders”.
It added: “Our total shareholder return from 1 July 2020 to 30 June 2025 was 352 per cent. This reflects our strong financial performance, the success of our disciplined capital allocation policy, and confidence in the company’s outlook.”
The group also declared an interim dividend of £13.8m in its results for the six months to 31 December 2025, underlining its continued focus on shareholder returns alongside investment in its core operations.
