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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.