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Card Factory ( (GB:CARD) ) just unveiled an update.
Card Factory plc has announced the repurchase of 100,000 ordinary shares, which will be held in treasury. This move is part of a share repurchase program executed through UBS AG London Branch, with the highest price paid per share being 104 pence and the lowest 102.40 pence. The company’s issued ordinary share capital now comprises 351,595,922 shares, with 200,000 held in treasury, impacting shareholder calculations 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 specialist retailer in the UK, focusing on greeting cards, gifts, and celebration essentials.
Average Trading Volume: 977,380
Technical Sentiment Signal: Buy
Current Market Cap: £364.1M
For an in-depth examination of CARD stock, go to TipRanks’ Overview page.