C&C Group Plc (GB:CCR) has released an update.
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C&C Group Plc has repurchased 90,000 of its ordinary shares on the London Stock Exchange as part of its €15 million buyback program, which is set to run until January 31, 2025. The shares were bought at an average price of 148.18p and will be canceled to reduce the total number of shares in issue, potentially enhancing shareholder value. This move underscores C&C’s commitment to returning capital to shareholders and optimizing its capital structure.
For further insights into GB:CCR stock, check out TipRanks’ Stock Analysis page.
