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C&C Group Initiates Share Buyback Program

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C&C Group Initiates Share Buyback Program

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The latest announcement is out from C&C Group Plc ( (GB:CCR) ).

C&C Group Plc has announced the purchase and cancellation of 68,824 of its ordinary shares on the London Stock Exchange as part of a buyback program valued up to €15 million, which commenced on May 1, 2025. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:CCR) stock is a Buy with a £1.65 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 Neutral.

C&C Group Plc’s overall stock score reflects significant financial challenges, particularly in terms of declining revenues and profitability. However, executive share purchases and a successful share buyback program indicate management confidence, which is a positive signal. The stock’s current valuation, with a high dividend yield, could provide some appeal despite negative technical indicators suggesting bearish momentum.

To see Spark’s full report on GB:CCR stock, click here.

More about C&C Group Plc

C&C Group Plc is a company operating in the beverage industry, primarily focusing on the production and distribution of alcoholic drinks. The company is known for its cider and beer products and has a significant presence in the UK and Irish markets.

Average Trading Volume: 963,308

Technical Sentiment Signal: Buy

Current Market Cap: £631.1M

Learn more about CCR stock on TipRanks’ Stock Analysis page.

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