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C&C Group Plc ( (GB:CCR) ) has issued an announcement.
C&C Group Plc, a company involved in the beverages industry, has announced the purchase and cancellation of 50,000 of its ordinary shares as part of a buyback programme. This transaction is part of a broader initiative to repurchase shares worth up to €15 million by January 31, 2025, aimed at optimizing the company’s capital structure. The share buyback is expected to impact C&C’s overall financial standing by reducing the number of shares in issue and potentially enhancing shareholder value.
More about C&C Group Plc
YTD Price Performance: 1.37%
Average Trading Volume: 678,760
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £557.5M
For an in-depth examination of CCR stock, go to TipRanks’ Stock Analysis page.
