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C&C Group Plc ( (GB:CCR) ) has issued an update.
C&C Group Plc has announced the repurchase of 90,121 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 move is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its 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 Outperform.
C&C Group Plc’s overall stock score reflects a combination of stable financial performance and strong corporate actions. The technical indicators suggest a positive market sentiment, while the corporate event of a share buyback program highlights the company’s focus on shareholder value. However, the high P/E ratio suggests caution regarding valuation.
To see Spark’s full report on GB:CCR stock, click here.
More about C&C Group Plc
C&C Group Plc operates in the beverage industry, primarily focusing on producing and distributing alcoholic drinks. The company is known for its cider and beer products, catering to markets in the UK and Ireland.
Average Trading Volume: 849,763
Technical Sentiment Signal: Buy
Current Market Cap: £639.5M
Learn more about CCR stock on TipRanks’ Stock Analysis page.