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C&C Group Plc ( (GB:CCR) ) has provided an update.
C&C Group Plc announced the repurchase of 85,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program, which aims to buyback shares worth up to €15 million by January 31, 2025. This transaction is part of C&C’s strategy to enhance shareholder value and optimize its capital structure, positioning the company favorably within its market.
More about C&C Group Plc
C&C Group Plc operates in the beverages industry, primarily focusing on the production and distribution of alcoholic drinks. It is known for its diverse portfolio of cider and beer brands targeted at markets across the UK and Ireland.
YTD Price Performance: 1.51%
Average Trading Volume: 662,339
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £559.4M
For a thorough assessment of CCR stock, go to TipRanks’ Stock Analysis page.
