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An announcement from Character ( (GB:CCT) ) is now available.
The Character Group plc, a company engaged in the toy and game industry, has announced the repurchase of 17,000 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted at a price of 250 pence per share, reflects the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value by reducing the number of shares in circulation. Following the cancellation of these shares, Character Group now holds 1,983,059 shares in treasury, with 18,540,391 shares remaining in issue, which will impact how shareholders calculate their voting rights.
More about Character
YTD Price Performance: -4.89%
Average Trading Volume: 19,724
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £46.43M
For a thorough assessment of CCT stock, go to TipRanks’ Stock Analysis page.
