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City Chic Collective Limited ( (AU:CCX) ) has provided an announcement.
City Chic Collective Limited has initiated the buyback and cancellation of 4,847,015 loan funded shares issued to employees in 2019. This decision follows a performance review and is considered in the best interest of the company and its shareholders. The cancellation is cashflow neutral, as it involves no financial consideration.
The most recent analyst rating on (AU:CCX) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.
More about City Chic Collective Limited
City Chic Collective is a global omni-channel retailer specializing in plus-size women’s apparel, footwear, and accessories. The company operates 78 stores across Australia and New Zealand and maintains an online presence in ANZ, the USA, and through third-party marketplace and wholesale partners.
Average Trading Volume: 612,287
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$31.98M
See more insights into CCX stock on TipRanks’ Stock Analysis page.