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An update from DCC plc ( (GB:DCC) ) is now available.
DCC plc, a company listed on the London Stock Exchange, has announced the purchase of 45,687 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at prices ranging from 4640p to 4960p, with an average price of 4796.87p, and will be cancelled, reducing the total number of shares in issue to 96,922,533. This buyback is part of a larger initiative to repurchase shares worth up to £100 million by the end of September 2025, which could potentially enhance shareholder value and improve the company’s financial metrics.
The most recent analyst rating on (GB:DCC) stock is a Hold with a £4997.00 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 negatively impacts the score. The valuation suggests the stock might 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: 273,170
Technical Sentiment Signal: Sell
Current Market Cap: £4.6B
See more data about DCC stock on TipRanks’ Stock Analysis page.