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Inchcape ( (GB:INCH) ) has issued an announcement.
Inchcape plc has continued its recently announced share buyback programme, repurchasing 82,447 ordinary shares on 5 March 2026 via UBS at prices between 801p and 836p, with a volume-weighted average of 827.10p. The company intends to cancel these shares rather than hold them in treasury, reducing the number of shares in issue to 357,935,922 and signalling an ongoing commitment to return capital to shareholders.
Since the programme began on 3 March 2026, Inchcape has bought back a total of 272,314 shares at a cost of about £2.19 million across multiple trading venues, including the London Stock Exchange and various alternative trading platforms. The continued execution of the buyback supports earnings per share accretion and reflects management’s confidence in the group’s financial position and long-term prospects, potentially enhancing value for existing investors.
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 that operates globally, focusing on the sale, distribution, and aftersales support of vehicles. The company works with major automotive manufacturers and concentrates on optimising its capital structure and shareholder returns through initiatives such as share buybacks.
Average Trading Volume: 825,610
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.88B
Find detailed analytics on INCH stock on TipRanks’ Stock Analysis page.