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Card Factory ( (GB:CARD) ) just unveiled an announcement.
Card Factory plc announced the repurchase of 100,000 ordinary shares, which will be held in treasury. The repurchase was conducted through UBS AG London Branch, with the highest price paid per share at 97.10 pence and the lowest at 95.90 pence. The transaction reflects the company’s strategic move to manage its share capital, potentially impacting shareholder value and market perception.
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 the UK’s leading specialist retailer of greeting cards, gifts, and celebration essentials.
Average Trading Volume: 893,518
Technical Sentiment Signal: Buy
Current Market Cap: £336.3M
For an in-depth examination of CARD stock, go to TipRanks’ Overview page.