tiprankstipranks
Advertisement
Advertisement

Character Group Tightens Free Float with Latest Share Buyback

Story Highlights
Character Group Tightens Free Float with Latest Share Buyback

Claim 30% Off TipRanks

The latest announcement is out from Character ( (GB:CCT) ).

The Character Group plc has continued its previously announced share buyback programme by repurchasing 6,000 ordinary shares at 250 pence each on 9 February 2026, with the transaction executed via Panmure Liberum on AIMX. The shares were cancelled, leaving 17,628,849 shares in issue excluding treasury stock, a change that slightly concentrates existing shareholders’ stakes and resets the company’s total voting rights denominator for regulatory disclosure purposes.

Following this latest buyback, Character now holds 1,983,059 shares in treasury, reflecting ongoing active capital management that may signal confidence in the company’s valuation and future prospects. The updated share count and voting rights figure will guide investors and institutions in monitoring changes in their holdings relative to disclosure thresholds under U.K. transparency rules.

The most recent analyst rating on (GB:CCT) stock is a Hold with a £244.00 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.

The overall stock score reflects significant financial challenges, including declining revenue and profitability, and weak cash flow generation. Technical indicators suggest bearish momentum, with the stock trading below key moving averages. Despite a high dividend yield, the negative P/E ratio highlights profitability concerns, making the stock less attractive to growth-focused investors.

To see Spark’s full report on GB:CCT stock, click here.

More about Character

The Character Group plc is a U.K.-listed company operating in the consumer products sector, focused on developing and distributing toys, games and related licensed merchandise. The Group targets both domestic and international retail markets, leveraging branded partnerships and its own IP to sell character-led products through major retailers and distributors.

Average Trading Volume: 15,165

Technical Sentiment Signal: Strong Sell

Current Market Cap: £43.03M

See more data about CCT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1