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Character ( (GB:CCT) ) has provided an update.
The Character Group plc has executed a further share repurchase under its ongoing buyback programme, acquiring 5,500 ordinary shares at prices ranging between 236.5p and 245p, with a volume-weighted average price of 241.73p. The repurchased shares have been cancelled, leaving 17,709,499 shares in issue excluding treasury stock and setting the new total voting rights at the same figure, a move that marginally reduces the company’s share capital and may enhance earnings per share while providing updated parameters for shareholders’ disclosure obligations under UK transparency rules.
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
Average Trading Volume: 13,855
Technical Sentiment Signal: Strong Sell
Current Market Cap: £46.59M
Learn more about CCT stock on TipRanks’ Stock Analysis page.