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An announcement from C&C Group Plc ( (GB:CCR) ) is now available.
C&C Group Plc, a company involved in the beverage industry, announced a transaction involving the repurchase of 140,870 of its ordinary shares on the London Stock Exchange. This move is part of a broader buyback program valued at up to €15 million, aimed at reducing the number of shares in circulation and potentially increasing shareholder value. The buyback program, which commenced in May 2025, is set to continue until September 2025.
The most recent analyst rating on (GB:CCR) stock is a Buy with a £1.80 price target. To see the full list of analyst forecasts on C&C Group Plc stock, see the GB:CCR Stock Forecast page.
Spark’s Take on GB:CCR Stock
According to Spark, TipRanks’ AI Analyst, GB:CCR is a Outperform.
C&C Group Plc’s overall stock score is driven by strong technical indicators and positive corporate events, such as the share buyback program, which enhance shareholder value. However, the high P/E ratio suggests the stock may be overvalued, which slightly offsets the positive momentum and corporate actions.
To see Spark’s full report on GB:CCR stock, click here.
More about C&C Group Plc
Average Trading Volume: 874,945
Technical Sentiment Signal: Buy
Current Market Cap: £647.1M
For detailed information about CCR stock, go to TipRanks’ Stock Analysis page.
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