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Character Group Executes Share Buyback to Enhance Shareholder Value

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Character Group Executes Share Buyback to Enhance Shareholder Value

The latest update is out from Character ( (GB:CCT) ).

The Character Group plc, a company involved in the toy industry, has executed a share buyback program, purchasing 10,000 of its ordinary shares at a price of 267 pence per share. This transaction, part of a previously announced buyback initiative, results in the cancellation of the repurchased shares, leaving the company with 1,983,059 shares in treasury and 18,445,491 shares in issue. The move is aimed at consolidating the company’s share capital and potentially enhancing shareholder value by reducing the number of shares available in the market.

More about Character

YTD Price Performance: 0.44%

Average Trading Volume: 25,287

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £48.72M

For an in-depth examination of CCT stock, go to TipRanks’ Stock Analysis page.

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