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C&C Group Plc ( (GB:CCR) ) just unveiled an update.
C&C Group Plc has announced the repurchase of 75,000 of its ordinary shares on the London Stock Exchange, as part of its ongoing Buyback Programme, with shares priced between 148.50p and 150.20p. This move is part of a larger strategy to repurchase shares worth up to €15 million by January 2025, which can potentially enhance shareholder value by reducing the number of shares in circulation and improve earnings per share.
More about C&C Group Plc
C&C Group Plc operates in the beverage industry, known primarily for its production and distribution of alcoholic drinks, including cider and beer. The company focuses on the European market and is listed on the London Stock Exchange.
YTD Price Performance: 0.03%
Average Trading Volume: 667,506
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £558.9M
Learn more about CCR stock on TipRanks’ Stock Analysis page.
