Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Inchcape ( (GB:INCH) ) has provided an announcement.
Inchcape plc has continued its recently announced share buyback programme, repurchasing 79,864 ordinary shares on 6 March 2026 across several trading venues at a volume-weighted average price of 817.93 pence. The company plans to cancel these shares, reducing its total shares in issue to 357,856,058 and signaling ongoing efforts to return capital to shareholders and manage its capital structure.
Since the launch of the buyback on 3 March 2026, Inchcape has acquired 352,178 shares at a total cost of about £2.84 million, with UBS AG London Branch acting as intermediary for the transactions. The continued execution of the programme underscores management’s confidence in the company’s valuation and is likely to provide incremental support to earnings per share and shareholder value over time.
The most recent analyst rating on (GB:INCH) stock is a Hold with a £869.00 price target. To see the full list of analyst forecasts on Inchcape stock, see the GB:INCH Stock Forecast page.
Spark’s Take on GB:INCH Stock
According to Spark, TipRanks’ AI Analyst, GB:INCH is a Outperform.
The score is driven primarily by solid underlying financials with strong cash generation, reinforced by upbeat 2026 guidance and shareholder returns (buybacks/dividend). Valuation is attractive (low P/E and decent yield), but the overall score is held back by weaker near-term technicals and the risk that recent margin pressure and APAC headwinds persist.
To see Spark’s full report on GB:INCH stock, click here.
More about Inchcape
Inchcape plc is an automotive distribution and retail group listed in London, focusing on the sale and servicing of vehicles through a global network of dealer and importer operations. The company’s shares trade on multiple venues including the London Stock Exchange and alternative European trading platforms, giving it broad access to equity investors.
Average Trading Volume: 837,726
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.9B
Learn more about INCH stock on TipRanks’ Stock Analysis page.