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Card Factory ( (GB:CARD) ) has issued an announcement.
Card Factory plc announced the repurchase of 323,000 ordinary shares at prices ranging from 70.00 to 73.60 pence per share, with an average price of 71.6187 pence. These shares will be held in treasury, impacting the company’s share capital and potentially influencing shareholder calculations under the FCA’s rules.
The most recent analyst rating on (GB:CARD) stock is a Buy with a £120.00 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 of greeting cards, gifts, and celebration essentials.
Average Trading Volume: 1,254,415
Technical Sentiment Signal: Sell
Current Market Cap: £243.9M
Learn more about CARD stock on TipRanks’ Stock Analysis page.