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Character ( (GB:CCT) ) just unveiled an update.
Character Group PLC has executed a share buyback transaction, purchasing 7,000 of its ordinary shares at a price of 272 pence each, as part of its ongoing share buyback programme. This move is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing the earnings per share.
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, catering to a diverse range of consumer needs.
Average Trading Volume: 19,730
Technical Sentiment Signal: Hold
Current Market Cap: £49.09M
For a thorough assessment of CCT stock, go to TipRanks’ Stock Analysis page.