DCC plc Advances £100 Million Share Buyback Program

The latest update is out from DCC plc ( (GB:DCC) ).

DCC plc has announced the purchase and subsequent cancellation of 24,988 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program, which aims to repurchase shares worth up to £100 million by September 2025. This move is part of DCC’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its stock liquidity and market perception positively.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £6800.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.

Spark’s Take on GB:DCC Stock

According to Spark, TipRanks’ AI Analyst, GB:DCC is a Outperform.

DCC plc scores well due to its strong financial performance and strategic corporate actions, such as divesting from non-core operations and enhancing leadership for energy focus. While valuation metrics are appealing, technical analysis suggests caution due to mixed market signals.

To see Spark’s full report on GB:DCC stock, click here.

More about DCC plc

DCC plc is a leading international sales, marketing, and support services group, operating across various sectors including energy, healthcare, technology, and environmental services. The company focuses on providing essential products and services to businesses and consumers, with a strong market presence in Europe and beyond.

Average Trading Volume: 337,318

Technical Sentiment Signal: Sell

Current Market Cap: £4.58B

For detailed information about DCC stock, go to TipRanks’ Stock Analysis page.