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Character Group PLC Executes Share Buyback, Adjusts Voting Rights

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Character Group PLC Executes Share Buyback, Adjusts Voting Rights

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Character ( (GB:CCT) ) just unveiled an announcement.

Character Group PLC, a company involved in a share buyback programme, announced the purchase and cancellation of 5,800 of its ordinary shares at a price of 274 pence per share. This transaction, conducted through Panmure Liberum Limited, reduces the total voting rights in the company to 17,803,899 shares, impacting shareholder calculations under the FCA’s Disclosure Guidance and 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: 18,837

Technical Sentiment Signal: Hold

Current Market Cap: £48.99M

Find detailed analytics on CCT stock on TipRanks’ Stock Analysis page.

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