Card Factory (LSE:CARD) has issued an update following its 2025 Annual General Meeting, during which a notable level of shareholder opposition was recorded on three resolutions relating to equity share allotments and pre-emption authorities.
In the wake of the AGM, the company engaged with its largest shareholders to better understand their concerns, which were largely focused on the potential dilutive impact of employee share award schemes. Management said these discussions have helped inform its response, including the launch of a share buyback programme aimed at offsetting dilution and reinforcing shareholder returns.
The company also reiterated its commitment to maintaining a balanced approach to capital allocation, supporting investment in its core retail operations and longer-term growth initiatives while prioritising sustainable value creation. From a market perspective, Card Factory continues to benefit from solid financial performance, an attractive valuation, and supportive share repurchase activity, with technical indicators pointing to a broadly stable outlook.
More about Card Factory
Card Factory is a leading UK retailer specialising in greeting cards, gifts, and celebration-related products. The group serves a broad consumer base within the celebrations market through an extensive store network and a growing digital presence.
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