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Card Factory ( (GB:CARD) ) just unveiled an announcement.
Card Factory plc announced the repurchase of 120,000 ordinary shares through UBS AG London Branch, which will be held in treasury. This transaction is part of the company’s share repurchase program and impacts the total issued ordinary share capital, which now comprises 351,595,922 shares. The move is likely aimed at consolidating the company’s market position and potentially enhancing shareholder value.
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 in the greeting cards, gifts, and celebration essentials industry.
Average Trading Volume: 954,509
Technical Sentiment Signal: Buy
Current Market Cap: £351.8M
Find detailed analytics on CARD stock on TipRanks’ Stock Analysis page.