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C&C Group Plc ( (GB:CCR) ) has provided an announcement.
C&C Group Plc has announced a transaction involving the repurchase of 75,000 ordinary shares from J&E Davy on the London Stock Exchange, as part of its ongoing share buyback program. This initiative, aimed at buying back shares valued up to €15 million by January 31, 2025, is expected to reduce the total number of shares in issue, potentially enhancing shareholder value and optimizing the company’s capital structure.
More about C&C Group Plc
C&C Group Plc is a prominent player in the beverage industry, primarily known for its production and distribution of branded beers, ciders, and other alcoholic beverages. The company focuses on the UK and Irish markets, catering to a wide range of consumers with its popular product offerings.
YTD Price Performance: -0.14%
Average Trading Volume: 667,009
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £527.6M
For an in-depth examination of CCR stock, go to TipRanks’ Stock Analysis page.
