Inchcape Advances Share Buyback Program with Latest Purchase

An announcement from Inchcape ( (GB:INCH) ) is now available.

Inchcape plc has executed a share buyback program, purchasing 4,053 of its ordinary shares at an average price of 680.89 pence per share on June 9, 2025. This transaction is part of a broader buyback initiative announced in March 2025, aimed at reducing the number of shares in circulation, thereby potentially enhancing shareholder value. Following this purchase, the total number of ordinary shares in issue will be 372,170,505. Since the program’s inception, Inchcape has bought back 21,724,514 shares, costing approximately £148.1 million.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £11.00 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.

Inchcape’s overall score reflects its strong valuation and positive corporate actions, particularly its share buyback program, which suggests confidence in future performance. Financial health remains robust, though recent revenue and cash flow fluctuations are noted. Technical indicators provide a stable outlook without significant overbought or oversold signals.

To see Spark’s full report on GB:INCH stock, click here.

More about Inchcape

Inchcape plc operates in the automotive distribution and retail industry, providing services related to the sale and distribution of vehicles and associated products. The company focuses on delivering automotive solutions and services across various markets.

Average Trading Volume: 1,105,179

Technical Sentiment Signal: Buy

Current Market Cap: £2.55B

For detailed information about INCH stock, go to TipRanks’ Stock Analysis page.