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C&C Group Plc ( (GB:CCR) ) just unveiled an announcement.
C&C Group Plc announced the repurchase of 90,000 of its ordinary shares on the London Stock Exchange as part of its share buyback program, which aims to buy back shares up to a value of €15 million by the end of January 2025. The buyback initiative reflects the company’s strategy to enhance shareholder value and optimize capital allocation, potentially impacting its stock price and investor confidence positively.
More about C&C Group Plc
C&C Group Plc is a company operating within the beverage industry, primarily engaged in the production and distribution of alcoholic drinks such as cider and beer. Its market focus includes regions such as Ireland, the UK, and Europe, where it holds a significant presence.
YTD Price Performance: -1.18%
Average Trading Volume: 687,955
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £551.6M
Learn more about CCR stock on TipRanks’ Stock Analysis page.
