tiprankstipranks
Advertisement
Advertisement

Character Group Updates Share Capital After Latest Buyback

Story Highlights
Character Group Updates Share Capital After Latest Buyback

Claim 30% Off TipRanks

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

The Character Group has repurchased 5,700 of its own ordinary shares at 250 pence each under its previously announced share buyback programme, with the shares subsequently cancelled. Following this transaction, the company now has 17,607,149 shares in issue excluding 1,983,059 treasury shares, setting the new total voting rights figure that shareholders must use for regulatory disclosure calculations under FCA 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 UK-based company focused on the design, development and distribution of toys, games and related entertainment products. Its shares are listed on AIM, and the company targets both domestic and international retail markets through branded and licensed ranges, positioning itself within the consumer leisure and entertainment goods sector.

Average Trading Volume: 15,593

Technical Sentiment Signal: Sell

Current Market Cap: £42.64M

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