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Character Group Cancels 10,000 Shares in Ongoing Buyback Programme

Story Highlights
  • Character Group repurchased and cancelled 10,000 shares at 234.1p, leaving 17.48 million in issue.
  • The buyback adjusts total voting rights and supports Character’s capital management and valuation strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Character Group Cancels 10,000 Shares in Ongoing Buyback Programme

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An announcement from Character ( (GB:CCT) ) is now available.

The Character Group plc has continued to execute its previously announced share buyback programme, purchasing 10,000 of its own ordinary shares on 26 March 2026 at a price of 234.1 pence per share. The shares have been cancelled, leaving the company with 17,479,149 shares in issue excluding treasury stock and 1,983,059 shares held in treasury.

The transaction marginally reduces the company’s free float and total voting rights, with 17,479,149 now forming the denominator for regulatory disclosure thresholds under the FCA’s transparency rules. The move underscores Character’s ongoing capital management strategy, which may support earnings per share and signal confidence in the company’s valuation to existing and prospective shareholders.

The most recent analyst rating on (GB:CCT) stock is a Hold with a £244.00 price target. To see the full list of analyst forecasts on Character stock, see the GB:CCT Stock Forecast page.

Spark’s Take on CCT Stock

According to Spark, TipRanks’ AI Analyst, CCT is a Neutral.

The overall stock score reflects significant financial challenges, including declining revenue and profitability, and weak cash flow generation. Technical indicators suggest bearish momentum, with the stock trading below key moving averages. Despite a high dividend yield, the negative P/E ratio highlights profitability concerns, making the stock less attractive to growth-focused investors.

To see Spark’s full report on CCT stock, click here.

More about Character

The Character Group plc is a U.K.-listed company operating in the consumer products sector, focused on designing, developing and distributing toys and related leisure products. Its shares trade on AIM, and the company actively manages its capital structure and shareholder base through measures such as share buyback programmes on the London market.

Average Trading Volume: 17,332

Technical Sentiment Signal: Sell

Current Market Cap: £41.47M

For a thorough assessment of CCT stock, go to TipRanks’ Stock Analysis page.

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