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Card Factory Announces Share Repurchase Program

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Card Factory Announces Share Repurchase Program

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Card Factory ( (GB:CARD) ) has issued an update.

Card Factory plc has announced the repurchase of 100,000 ordinary shares at a volume-weighted average price of 100.8725 pence per share. These shares will be held in treasury, impacting the company’s share capital and potentially affecting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:CARD) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on Card Factory stock, see the GB:CARD Stock Forecast page.

Spark’s Take on GB:CARD Stock

According to Spark, TipRanks’ AI Analyst, GB:CARD is a Outperform.

Card Factory’s strong financial performance and attractive valuation are the primary drivers of its overall score. While technical indicators suggest some short-term weakness, the company’s robust profitability and appealing dividend yield support a positive outlook.

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

More about Card Factory

Card Factory plc is the UK’s leading specialist retailer of greeting cards, gifts, and celebration essentials.

Average Trading Volume: 955,980

Technical Sentiment Signal: Buy

Current Market Cap: £357.7M

Learn more about CARD stock on TipRanks’ Stock Analysis page.

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