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Character Group Tightens Free Float With Latest Share Buyback

Story Highlights
  • Character Group repurchased and cancelled 5,200 shares at 248p, refining its capital structure.
  • The buyback reduces free float to 17.6m voting shares, impacting investor disclosure calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Character Group Tightens Free Float With Latest Share Buyback

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An update from Character ( (GB:CCT) ) is now available.

The Character Group has continued executing its recently announced share buyback programme, repurchasing 5,200 ordinary shares at 248 pence each on 20 February 2026 through Panmure Liberum. The repurchased shares have been cancelled, leaving the company with 17,601,949 shares in issue excluding 1,983,059 shares held in treasury, and resetting the total voting rights denominator for regulatory disclosure purposes.

This latest transaction further reduces the company’s free float and may modestly enhance earnings per share, underlining management’s ongoing focus on capital returns and balance sheet efficiency. The updated share capital structure and clarified voting rights figure will be relevant for institutional and other shareholders tracking their holdings against disclosure thresholds under the FCA’s 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, best known for developing and distributing branded toys, games, and related character-led merchandise. Its shares trade on the AIM market, and the company actively manages its capital structure, including the use of share buyback programmes to optimise shareholder value and control its free float.

Average Trading Volume: 15,903

Technical Sentiment Signal: Sell

Current Market Cap: £44.02M

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

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