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Character Group PLC Repurchases Shares to Boost Shareholder Value

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Character Group PLC Repurchases Shares to Boost Shareholder Value

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Character ( (GB:CCT) ) has shared an update.

Character Group PLC has executed a share buyback transaction as part of its ongoing share buyback programme. On 27 January 2025, the company repurchased 17,200 of its ordinary shares at a price of 250 pence per share, which have been subsequently cancelled. This transaction reduces the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s strategy to enhance shareholder value. The total shares currently in issue, excluding treasury shares, stands at 18,589,991, which will serve as the denominator for shareholder notifications under the FCA’s rules.

More about Character

Character Group PLC operates in the toy and games industry, focusing on the design, development, and distribution of toys, games, and other related products. The company targets both domestic and international markets, aiming to capture a significant share within its sector.

YTD Price Performance: -4.88%

Average Trading Volume: 20,407

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £46.52M

For detailed information about CCT stock, go to TipRanks’ Stock Analysis page.

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