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The latest announcement is out from DCC plc ( (GB:DCC) ).
DCC plc has executed a share buyback transaction, purchasing 17,509 of its ordinary shares on the London Stock Exchange at an average price of 4720.35p per share. This transaction is part of a broader buyback program aiming to repurchase shares worth up to £100 million by September 2025, reflecting the company’s strategy to optimize its capital structure and enhance shareholder value.
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 operates in the support services industry, focusing on energy, healthcare, and technology sectors. The company provides a range of products and services, including energy distribution, healthcare solutions, and technology services, with a market focus on enhancing operational efficiency and sustainability.
Average Trading Volume: 343,242
Technical Sentiment Signal: Sell
Current Market Cap: £4.67B
Find detailed analytics on DCC stock on TipRanks’ Stock Analysis page.