Inchcape Advances Share Buyback Program with Latest Purchase

Inchcape ( (GB:INCH) ) has shared an update.

Inchcape plc announced the purchase of 1,113 of its ordinary shares as part of its ongoing share buyback program, which was initially announced in March 2025. The purchased shares will be canceled, reducing the total number of shares in issue to 372,169,392. Since the start of the buyback program, Inchcape has acquired 21,725,627 shares at a total cost of £148,129,903.28. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure.

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 strong financial performance and attractive valuation are key strengths, indicating robust management and strategic execution. Technical indicators show a stable market position. The share buyback program further boosts shareholder confidence. Recent revenue and cash flow fluctuations should be monitored, but the overall outlook remains positive.

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. The company focuses on delivering automotive solutions and has a significant presence in various global markets.

Average Trading Volume: 1,105,179

Technical Sentiment Signal: Buy

Current Market Cap: £2.55B

See more insights into INCH stock on TipRanks’ Stock Analysis page.