Character Group Advances Share Buyback Strategy

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

Character Group PLC announced a recent transaction in its share buyback program, purchasing 3,300 ordinary shares at 270 pence per share. This move, in accordance with their earlier announced share buyback program, aims to optimize the company’s capital structure and potentially enhance shareholder value. The cancellation of these shares will adjust the company’s total voting rights to 18,707,641, impacting how shareholders calculate their interests under regulatory rules.

More about Character

Character Group PLC operates in the toy industry, focusing on the creation, design, and distribution of toys, games, and digital content. The company targets a diverse market, encompassing both traditional retail and digital platforms, which allows it to reach a wide range of consumers globally.

YTD Price Performance: -0.29%

Average Trading Volume: 15,126

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £50.53M

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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