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Character ( (GB:CCT) ) has issued an update.
The Character Group has executed a further share buyback under its recently announced repurchase programme, acquiring 8,000 ordinary shares at 249 pence each from Panmure Liberum and immediately cancelling them. As a result, the company now holds 1,983,059 shares in treasury and has 17,639,849 shares in issue, which also represents the new total voting rights figure that shareholders must use for any regulatory disclosure calculations under the FCA’s transparency rules.
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 GB:CCT Stock
According to Spark, TipRanks’ AI Analyst, GB: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 GB:CCT stock, click here.
More about Character
Average Trading Volume: 14,800
Technical Sentiment Signal: Strong Sell
Current Market Cap: £42.18M
For a thorough assessment of CCT stock, go to TipRanks’ Stock Analysis page.