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C&C Group Plc ( (GB:CCR) ) has issued an announcement.
C&C Group Plc has announced the repurchase of 76,416 of its ordinary shares on the London Stock Exchange as part of a buyback program valued at up to €15 million, which commenced on May 1, 2025. This strategic move aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health.
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 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 operates within the beverage industry, focusing primarily on the production and distribution of alcoholic and non-alcoholic drinks. The company is known for its range of cider and beer products and has a significant presence in the UK and Irish markets.
Average Trading Volume: 972,810
Technical Sentiment Signal: Buy
Current Market Cap: £632.3M
Find detailed analytics on CCR stock on TipRanks’ Stock Analysis page.