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The latest announcement is out from Card Factory ( (GB:CARD) ).
Card Factory plc announced the repurchase of 100,000 ordinary shares at an average price of 97.1490 pence per share, which will be held in treasury. This move is part of the company’s share repurchase program, potentially impacting its share capital structure and providing insights into its financial strategy.
The most recent analyst rating on (GB:CARD) stock is a Buy with a £111.00 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 overall stock score is driven by its strong financial performance and strategic share repurchase activities, which enhance shareholder value. The attractive valuation further supports the stock’s potential. Technical indicators are neutral, suggesting stability without significant upward or downward momentum.
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.
Average Trading Volume: 890,156
Technical Sentiment Signal: Buy
Current Market Cap: £338M
Learn more about CARD stock on TipRanks’ Stock Analysis page.