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The latest update is out from DCC plc ( (GB:DCC) ).
DCC plc, a company listed on the London Stock Exchange, has announced the repurchase of 40,045 of its own ordinary shares as part of a buyback program. The shares were bought at prices ranging from 4750p to 4802p and will be cancelled, reducing the total number of shares in issue to 97,100,142. This buyback is part of a larger initiative to repurchase shares worth up to £100 million by the end of September 2025, which may positively impact the company’s stock value and shareholder returns.
The most recent analyst rating on (GB:DCC) stock is a Hold with a £5201.00 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 reflects stable financial performance with challenges in revenue and profit growth, balanced technical indicators, and a relatively high valuation offset by a strong dividend yield. The lack of significant market momentum and high P/E ratio are notable risks.
To see Spark’s full report on GB:DCC stock, click here.
More about DCC plc
Average Trading Volume: 266,859
Technical Sentiment Signal: Sell
Current Market Cap: £4.55B
For an in-depth examination of DCC stock, go to TipRanks’ Overview page.