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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 prices ranging from 97.40 to 100.00 pence per share, with an average price of 98.9437 pence, as part of its share repurchase program. This move, executed through UBS AG London Branch, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding these shares in treasury.
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, focusing on providing a wide range of products for special occasions.
Average Trading Volume: 953,400
Technical Sentiment Signal: Buy
Current Market Cap: £345.9M
See more data about CARD stock on TipRanks’ Stock Analysis page.