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DCC plc ( (GB:DCC) ) has provided an update.
DCC plc, a company operating in diverse sectors, has announced a share buyback transaction on the London Stock Exchange, purchasing 30,456 of its ordinary shares at a volume-weighted average price of 4777.34p. This transaction is part of a broader Buyback Programme, aiming to repurchase shares worth up to £100 million by the end of September 2025, which will reduce the total number of shares in circulation and potentially enhance shareholder value.
The most recent analyst rating on (GB:DCC) stock is a Hold with a £5165.00 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 Neutral.
DCC plc’s overall score is driven by stable financial performance and a solid dividend yield, despite challenges in revenue growth and operational efficiency. Technical indicators suggest a neutral to slightly bearish outlook, impacting the stock’s attractiveness.
To see Spark’s full report on GB:DCC stock, click here.
More about DCC plc
Average Trading Volume: 272,298
Technical Sentiment Signal: Sell
Current Market Cap: £4.66B
Learn more about DCC stock on TipRanks’ Stock Analysis page.