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Character ( (GB:CCT) ) has shared an update.
The Character Group plc, a company involved in consumer products, has announced the execution of a share buyback program initially declared in October 2024. As part of this program, Character Group purchased 16,000 ordinary shares at a price of 250 pence each from Panmure Liberum Limited. Post-transaction, the company holds 1,983,059 shares in treasury, with 18,557,391 shares remaining in issue. This buyback and cancellation of shares could potentially enhance shareholder value by reducing the total number of shares outstanding, thus increasing earnings per share and providing greater control over the company’s equity.
More about Character
YTD Price Performance: -4.89%
Average Trading Volume: 19,697
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £46.43M
See more insights into CCT stock on TipRanks’ Stock Analysis page.