C&C Group Plc Initiates Share Buyback Program

An announcement from C&C Group Plc ( (GB:CCR) ) is now available.

C&C Group Plc has announced a transaction involving the repurchase of 67,522 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 reduce the number of shares in circulation, potentially increasing shareholder value and reflecting the company’s confidence in its financial health and future prospects.

The most recent analyst rating on (GB:CCR) stock is a Buy with a £2.00 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 in the beverage industry, primarily focusing on the production and distribution of alcoholic drinks. The company is known for its cider and beer products, catering to markets across the UK and Ireland.

Average Trading Volume: 1,069,500

Technical Sentiment Signal: Buy

Current Market Cap: £628.1M

Find detailed analytics on CCR stock on TipRanks’ Stock Analysis page.