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The latest announcement is out from Character ( (GB:CCT) ).
Character Group PLC has executed a share buyback, purchasing 6,500 of its ordinary shares at a price of 262.5 pence each, as part of its ongoing share buyback program. This transaction reduces the number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial health. The total voting rights in the company now stand at 17,726,999, providing shareholders with a new denominator for interest calculations under FCA 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
Character Group PLC operates in the toy industry, focusing on the design, development, and distribution of toys, games, and giftware. The company is known for its innovative products and holds a significant position in the UK market.
Average Trading Volume: 16,920
Technical Sentiment Signal: Strong Sell
Current Market Cap: £46.47M
See more data about CCT stock on TipRanks’ Stock Analysis page.