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Character ( (GB:CCT) ) has issued an announcement.
Character Group PLC, a company involved in a share buyback programme, announced the repurchase of 6,300 of its ordinary shares at a price of 271.75 pence per share. This transaction is part of a previously announced programme aimed at reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares and improving shareholder value. Following this transaction, the company now holds 1,983,059 shares in treasury, with a total of 17,754,499 shares in issue, impacting the total voting rights available 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
Average Trading Volume: 17,297
Technical Sentiment Signal: Hold
Current Market Cap: £48.86M
For detailed information about CCT stock, go to TipRanks’ Stock Analysis page.