tiprankstipranks
C&C Group Initiates Share Buyback Program
Company Announcements

C&C Group Initiates Share Buyback Program

Story Highlights

Pick the best stocks and maximize your portfolio:

C&C Group Plc ( (GB:CCR) ) just unveiled an update.

C&C Group Plc has announced a share buyback, purchasing 90,000 of its ordinary shares on the London Stock Exchange at an average price of 146.44 pence per share. This transaction is part of a larger buyback program intended to repurchase shares worth up to €15 million by the end of January 2025, reducing the company’s outstanding shares and potentially enhancing shareholder value.

More about C&C Group Plc

C&C Group Plc operates within the beverage industry, focusing primarily on the production and distribution of branded cider, beer, wine, and soft drinks. The company is known for its market presence in the UK and Ireland, providing a variety of alcoholic and non-alcoholic beverages to meet diverse consumer preferences.

YTD Price Performance: -0.78%

Average Trading Volume: 670,521

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £554.6M

Find detailed analytics on CCR stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskC&C Group Advances Share Buyback Programme
TipRanks UK Auto-Generated NewsdeskC&C Group Enhances Shareholder Value with Share Buyback
TipRanks UK Auto-Generated NewsdeskC&C Group Plc Director Purchases Shares, Indicating Confidence
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App