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DCC plc ( (GB:DCC) ) has provided an announcement.
DCC plc has announced a share buyback transaction, purchasing 29,550 of its ordinary shares on the London Stock Exchange through UBS AG London Branch. The shares, bought at a volume-weighted average price of 4742.67p, will be cancelled as part of DCC’s Buyback Programme, which aims to repurchase shares worth up to £100 million by the end of September 2025. This move is part of DCC’s strategic financial management, potentially enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:DCC) stock is a Hold with a £5043.00 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, a bearish technical outlook, and a high valuation offset by a strong dividend yield. The absence of earnings call insights and corporate events means these factors did not influence the score.
To see Spark’s full report on GB:DCC stock, click here.
More about DCC plc
Average Trading Volume: 263,779
Technical Sentiment Signal: Sell
Current Market Cap: £4.58B
For an in-depth examination of DCC stock, go to TipRanks’ Overview page.