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Character Group PLC Executes Share Buyback, Cancels 5,800 Shares

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Character Group PLC Executes Share Buyback, Cancels 5,800 Shares

Meet Your ETF AI Analyst

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

Character Group PLC announced the purchase and cancellation of 5,800 ordinary shares as part of its ongoing share buyback programme. This transaction, executed at a price of 275 pence per share, reduces the total number of shares in issue to 17,786,399, impacting the company’s voting rights and potentially influencing shareholder interest calculations.

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 and games industry, focusing on the design, development, and distribution of toys, games, and related products. The company is known for its innovative products and has a significant presence in the UK market.

Average Trading Volume: 18,130

Technical Sentiment Signal: Hold

Current Market Cap: £49.82M

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

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