tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DCC plc Advances £100 Million Share Buyback Programme

Story Highlights
DCC plc Advances £100 Million Share Buyback Programme

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from DCC plc ( (GB:DCC) ) is now available.

DCC plc has announced the repurchase of 39,031 of its ordinary shares on the London Stock Exchange through UBS AG London Branch, as part of its ongoing Buyback Programme. This initiative, which aims to buy back shares worth up to £100 million by the end of September 2025, reflects DCC’s strategic focus on optimizing its capital structure and delivering value to shareholders. The cancellation of these shares will reduce the total number of shares in issue, potentially enhancing earnings per share and shareholder value.

The most recent analyst rating on (GB:DCC) stock is a Hold with a £5015.00 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 stock score is primarily influenced by its stable financial performance, despite challenges in revenue and profit growth. The technical analysis indicates a bearish trend, which weighs down the score. Valuation metrics suggest the stock may be overvalued, but the attractive dividend yield provides some support.

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

More about DCC plc

Average Trading Volume: 267,647

Technical Sentiment Signal: Sell

Current Market Cap: £4.64B

For a thorough assessment of DCC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1