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Character ( (GB:CCT) ) has provided an announcement.
Character Group PLC has executed a share buyback, purchasing 5,000 of its ordinary shares at a price of 272 pence each, as part of its ongoing share buyback programme. The repurchased shares have been cancelled, reducing the total number of shares in issue and potentially enhancing shareholder value. This action reflects the company’s strategic focus on managing its capital structure and returning value to shareholders.
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
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 diverse range of products and has a strong market presence in the UK and internationally.
Average Trading Volume: 19,000
Technical Sentiment Signal: Hold
Current Market Cap: £49.03M
See more data about CCT stock on TipRanks’ Stock Analysis page.