C&C Group Plc (GB:CCR) has released an update.
C&C Group Plc remains on track with its financial expectations, announcing group earnings in line with forecasts despite June’s poor weather, and is set to pursue the second €15m tranche of its share buyback program from September. The company has also declared its intention to return at least €150m to shareholders over three years via buybacks and dividends, with a final dividend of 3.97 cent per share proposed at the AGM. Additionally, Feargal O’Rourke, a former PwC Managing Partner, has been appointed as an independent, Non-Executive Director, bringing vast financial and taxation expertise to the board.
For further insights into GB:CCR stock, check out TipRanks’ Stock Analysis page.
