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Character Group Cancels 5,000 Shares in Ongoing Buyback Programme

Story Highlights
  • Character Group repurchased and cancelled 5,000 shares at 248p under its 2026 buyback programme.
  • The buyback reduces shares in issue to 17,442,149, slightly enhancing capital metrics and clarifying voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Character Group Cancels 5,000 Shares in Ongoing Buyback Programme

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Character ( (GB:CCT) ) has provided an update.

The Character Group has continued executing its previously announced share buyback programme, repurchasing 5,000 ordinary shares at 248 pence each on 30 April 2026 via Panmure Liberum. The purchased shares have been cancelled, leaving the company with 1,983,059 shares in treasury and 17,442,149 shares in issue, which now represents the total voting rights for regulatory disclosure purposes.

By reducing the number of shares in issue and consolidating voting rights, the transaction modestly enhances capital return metrics for existing investors and signals ongoing active balance sheet management. The clarified share count provides a new reference point for shareholders assessing their disclosure obligations under the FCA’s transparency rules and for market participants tracking Character’s equity base.

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 best known for designing, developing and distributing toys, games and related leisure products, primarily serving the consumer retail market. Its shares trade on AIM, and the group actively manages its capital structure, including through share buyback programmes that can influence liquidity and shareholder returns.

Average Trading Volume: 16,108

Technical Sentiment Signal: Sell

Current Market Cap: £43.62M

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

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