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Character Group Cancels 8,000 Shares Under Ongoing Buyback Programme

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Character Group Cancels 8,000 Shares Under Ongoing Buyback Programme

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

The Character Group plc has repurchased 8,000 of its own ordinary shares at 243 pence each under its ongoing share buyback programme, with the shares subsequently cancelled. Following this transaction, the company now holds 1,983,059 shares in treasury and has 17,701,499 shares in issue (excluding treasury shares), which will constitute the total voting rights figure for shareholders to use when assessing disclosure obligations under the FCA’s transparency rules.

The most recent analyst rating on (GB:CCT) stock is a Hold with a £312.00 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.

Character’s stock is supported by strong financial performance and attractive valuation metrics, including a low P/E ratio and high dividend yield. However, technical indicators suggest bearish momentum, which could pose short-term risks. The absence of recent earnings call insights or notable corporate events means these factors do not influence the score.

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

More about Character

Average Trading Volume: 13,855

Technical Sentiment Signal: Strong Sell

Current Market Cap: £46.59M

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

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