DCC plc Advances Share Buyback Program with Recent Share Purchase

DCC plc ( (GB:DCC) ) has provided an announcement.

DCC plc announced the purchase and subsequent cancellation of 15,449 ordinary shares on the London Stock Exchange as part of its ongoing share buyback program, which aims to repurchase shares worth up to £100 million by 30 September 2025. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure, reflecting DCC’s commitment to returning capital to its shareholders.

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 is a leading international sales, marketing, and support services group. The company operates across various sectors, including energy, healthcare, and technology, providing essential products and services to a diverse range of markets.

Average Trading Volume: 343,205

Technical Sentiment Signal: Sell

Current Market Cap: £4.59B

See more insights into DCC stock on TipRanks’ Stock Analysis page.