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Card Factory ( (GB:CARD) ) has issued an update.
Card Factory plc has announced the repurchase of 100,000 ordinary shares, which will be held in treasury. The transaction was conducted through UBS AG London Branch, with the highest price paid per share at 96.20 pence and the lowest at 95.00 pence. This move is part of the company’s share repurchase program, which may impact the calculation of shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:CARD) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on Card Factory stock, see the GB:CARD Stock Forecast page.
Spark’s Take on GB:CARD Stock
According to Spark, TipRanks’ AI Analyst, GB:CARD is a Outperform.
Card Factory’s strong financial performance and attractive valuation are the primary drivers of its overall score. While technical indicators suggest some short-term weakness, the company’s robust profitability and appealing dividend yield support a positive outlook.
To see Spark’s full report on GB:CARD stock, click here.
More about Card Factory
Card Factory plc is a leading UK-based specialist retailer focusing on greeting cards, gifts, and celebration essentials. The company operates primarily in the retail sector, offering a wide range of products aimed at various celebratory occasions.
Average Trading Volume: 906,214
Technical Sentiment Signal: Hold
Current Market Cap: £333M
Learn more about CARD stock on TipRanks’ Stock Analysis page.