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Character Group PLC Completes Share Buyback
Company Announcements

Character Group PLC Completes Share Buyback

Story Highlights
  • Character Group operates in the toy industry, focusing on toy design and distribution.
  • Character Group repurchased 4,000 shares, impacting its total voting rights to 18,692,691.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Character ( (GB:CCT) ) has shared an update.

Character Group PLC announced the repurchase of 4,000 of its ordinary shares at a price of 278 pence per share as part of its ongoing share buyback programme. This transaction, executed through Panmure Liberum Limited, results in the cancellation of the repurchased shares, adjusting the total voting rights in the company to 18,692,691 shares. Such buyback initiatives are often aimed at consolidating ownership, enhancing shareholder value, or improving financial metrics, potentially benefiting stakeholders by stabilizing or increasing share value.

More about Character

Character Group PLC operates in the toy industry, focusing on the design, development, and distribution of a wide range of toys and games. The company is known for its innovative products that cater to various age groups and market segments.

YTD Price Performance: 1.19%

Average Trading Volume: 16,808

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £51.23M

For a thorough assessment of CCT stock, go to TipRanks’ Stock Analysis page.

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