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Character Group Executes Share Buyback to Optimize Capital Structure

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Character Group Executes Share Buyback to Optimize Capital Structure

Character ( (GB:CCT) ) just unveiled an update.

Character Group PLC has executed a share buyback transaction, purchasing 9,100 of its ordinary shares at a consistent price of 264 pence per share. This move is part of the company’s ongoing share buyback programme announced in October 2024. The repurchased shares have been cancelled, adjusting the total voting rights to 18,407,591 shares. This transaction aligns with the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Character

Character Group PLC operates in the toy industry, focusing on the design, development, and distribution of toys, games, and giftware. The company is known for its innovative products and has a significant presence in the UK market.

YTD Price Performance: -1.08%

Average Trading Volume: 27,385

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £48.99M

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

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