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DCC plc ( (GB:DCC) ) has provided an update.
DCC plc announced the repurchase of 29,339 of its ordinary shares on the London Stock Exchange as part of its ongoing Buyback Programme, which aims to buy back shares worth up to £100 million by 30 September 2025. This move is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and strengthening the company’s market position.
The most recent analyst rating on (GB:DCC) stock is a Buy with a £6000.00 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’s overall stock score is driven by its strong corporate events, particularly the share buyback program, which enhances shareholder value. Financial performance is stable but challenged by declining profits. Technical analysis and valuation suggest moderate market positioning.
To see Spark’s full report on GB:DCC stock, click here.
More about DCC plc
DCC plc operates in the diversified industrial sector, providing a range of products and services across various markets. The company is involved in energy, healthcare, and technology sectors, focusing on delivering essential services and solutions to its clients.
Average Trading Volume: 271,862
Technical Sentiment Signal: Sell
Current Market Cap: £4.61B
Find detailed analytics on DCC stock on TipRanks’ Stock Analysis page.