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Character Group PLC Executes Share Buyback

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Character Group PLC Executes Share Buyback

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Character ( (GB:CCT) ) has shared an update.

Character Group PLC has executed a share buyback transaction as part of its ongoing share buyback program, purchasing 10,000 ordinary shares at a volume-weighted average price of 276.25 pence per share. This transaction reduces the number of shares in circulation, potentially enhancing shareholder value and reflecting the company’s confidence in its financial health.

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 giftware. The company is known for its innovative products and has a significant presence in the UK market.

Average Trading Volume: 17,934

Technical Sentiment Signal: Buy

Current Market Cap: £51.24M

See more data about CCT stock on TipRanks’ Stock Analysis page.

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