C&C Group Plc (GB:CCR) has released an update.
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C&C Group Plc has announced the purchase and subsequent cancellation of 90,000 of its ordinary shares on the London Stock Exchange as part of a buyback program valued at up to €15 million. This move, which reflects the company’s commitment to enhancing shareholder value, will see the total number of shares in issue reduced to 380,418,927. Investors may find this strategic buyback indicative of C&C’s confidence in its financial health and future growth prospects.
For further insights into GB:CCR stock, check out TipRanks’ Stock Analysis page.
