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Character ( (GB:CCT) ) has issued an update.
Character Group PLC has executed a share buyback, purchasing 7,000 of its ordinary shares at a price of 275 pence each, as part of its ongoing share buyback programme. The repurchased shares have been cancelled, reducing the total number of shares in issue and adjusting the total voting rights to 17,828,599. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:CCT) stock is a Hold with a £312.00 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.
Character’s stock is supported by strong financial performance and attractive valuation metrics, including a low P/E ratio and high dividend yield. However, technical indicators suggest bearish momentum, which could pose short-term risks. The absence of recent earnings call insights or notable corporate events means these factors do not influence the score.
To see Spark’s full report on GB:CCT stock, click here.
More about Character
Character Group PLC operates in the toy industry, focusing on the design, development, and distribution of toys, games, and related products. The company is known for its innovative and diverse product range, catering to various market segments and consumer preferences.
Average Trading Volume: 19,025
Technical Sentiment Signal: Hold
Current Market Cap: £49.07M
Find detailed analytics on CCT stock on TipRanks’ Stock Analysis page.