C&C Group Plc (GB:CCR) has released an update.
C&C Group Plc has announced the repurchase of 150,000 of its ordinary shares on the London Stock Exchange as part of a planned buyback program valued at up to €15 million, which will run until January 2025. This strategic move aims to reduce the number of shares in circulation, potentially boosting shareholder value and market confidence. The shares were bought at an average price of 157.95p each, reflecting C&C’s commitment to enhancing its capital efficiency.
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