DCC plc Advances Share Buyback Program with Recent Share Purchases

DCC plc ( (GB:DCC) ) has issued an update.

DCC plc, a company listed on the London Stock Exchange, has announced the purchase and cancellation of 21,665 of its ordinary shares as part of its ongoing share buyback program. This initiative, which aims to repurchase shares worth up to £100 million by 30 September 2025, is intended to optimize the company’s capital structure and potentially enhance shareholder value.

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

Average Trading Volume: 343,057

Technical Sentiment Signal: Sell

Current Market Cap: £4.67B

Find detailed analytics on DCC stock on TipRanks’ Stock Analysis page.