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DCC plc Executes Share Buyback as Part of £100 Million Program

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DCC plc Executes Share Buyback as Part of £100 Million Program

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DCC plc ( (GB:DCC) ) just unveiled an update.

DCC plc, a company listed on the London Stock Exchange, has announced the purchase and subsequent cancellation of 39,036 of its ordinary shares as part of a buyback program valued at up to £100 million, set to conclude by 30 September 2025. This move is part of DCC’s strategic initiative to manage its capital structure, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

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: 334,681

Technical Sentiment Signal: Sell

Current Market Cap: £4.56B

See more data about DCC stock on TipRanks’ Stock Analysis page.

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