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C&C Group Plc ( (GB:CCR) ) has provided an announcement.
C&C Group Plc has announced the repurchase of 90,000 of its ordinary shares on the London Stock Exchange as part of a buyback program worth up to €15 million. This move, which involves the cancellation of the repurchased shares, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about C&C Group Plc
C&C Group Plc operates in the beverage industry, focusing on the production and distribution of alcoholic beverages. The company is known for its cider and beer brands and primarily targets markets in the UK and Ireland.
YTD Price Performance: -1.23%
Average Trading Volume: 641,556
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £541.2M
Learn more about CCR stock on TipRanks’ Stock Analysis page.