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Character ( (GB:CCT) ) just unveiled an announcement.
Character Group PLC announced the repurchase of 8,800 of its ordinary shares as part of its ongoing share buyback program. The shares were purchased at a volume-weighted average price of 270.1 pence per share and have been subsequently canceled, adjusting the total voting rights to 17,864,099. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 related products. The company targets both domestic and international markets, offering a diverse range of products that appeal to children and collectors alike.
Average Trading Volume: 19,978
Technical Sentiment Signal: Hold
Current Market Cap: £49.15M
Find detailed analytics on CCT stock on TipRanks’ Stock Analysis page.