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Character ( (GB:CCT) ) has provided an announcement.
Character Group PLC, a company involved in the toy and games industry, has announced the repurchase of 12,000 of its ordinary shares as part of its ongoing share buyback program. This action, executed through Panmure Liberum Limited, reflects the company’s strategy to manage its share capital effectively. The repurchased shares have been cancelled, impacting the total voting rights and share count, which now stands at 17,914,899 shares in issue, excluding treasury shares. This move is in line with the company’s efforts to enhance shareholder value and maintain transparency in its financial operations.
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
Average Trading Volume: 18,300
Technical Sentiment Signal: Buy
Current Market Cap: £51.27M
See more data about CCT stock on TipRanks’ Stock Analysis page.