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Card Factory ( (GB:CARD) ) has issued an announcement.
Card Factory plc announced the repurchase of 100,000 ordinary shares, which will be held in treasury. This move is part of a share repurchase program conducted through UBS AG London Branch, with shares purchased at a volume-weighted average price of 97.5351 pence. The announcement impacts the company’s share capital structure, with implications for shareholder calculations under FCA rules.
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 the UK’s leading specialist retailer in the greeting cards, gifts, and celebration essentials industry. The company focuses on providing a wide range of products for various occasions, catering primarily to the UK market.
Average Trading Volume: 886,586
Technical Sentiment Signal: Buy
Current Market Cap: £338.2M
See more data about CARD stock on TipRanks’ Stock Analysis page.