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Character ( (GB:CCT) ) has provided an announcement.
Character Group PLC has executed a share buyback transaction, purchasing 8,000 ordinary shares at a price of 307 pence each, as part of its ongoing buyback programme. This move reduces the number of shares in circulation and adjusts the total voting rights, potentially impacting shareholder calculations and market perception.
The most recent analyst rating on (GB:CCT) stock is a Hold with a £320.00 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 Group’s stock is supported by solid financial performance and strategic corporate actions like share buybacks, which enhance shareholder value. The technical indicators show strong upward momentum, although caution is warranted due to overbought signals. The valuation is attractive, but the unusually high dividend yield requires further investigation. Overall, the stock presents a balanced investment opportunity with potential for growth.
To see Spark’s full report on GB:CCT stock, click here.
More about Character
Character Group PLC operates in the toy industry, focusing on the design, development, and distribution of toys and games. The company is known for its wide range of products that cater to various age groups and market segments.
Average Trading Volume: 18,666
Technical Sentiment Signal: Buy
Current Market Cap: £55M
For an in-depth examination of CCT stock, go to TipRanks’ Overview page.