tiprankstipranks
Trending News
More News >

Inchcape Advances Share Buyback Program with Latest Purchase

Story Highlights
Inchcape Advances Share Buyback Program with Latest Purchase

Confident Investing Starts Here:

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

Inchcape plc has announced a recent transaction as part of its ongoing share buyback program, purchasing 265 ordinary shares on June 11, 2025. The company plans to cancel these shares, contributing to a reduction in the total number of shares in issue to 372,169,127. Since the program’s announcement in March 2025, Inchcape has acquired over 21 million shares, reflecting a significant investment in its own equity, which may enhance shareholder value and indicate confidence in the company’s financial health.

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 the most significant factors supporting its stock score. The active share buyback program further enhances the investment appeal, while the technical analysis suggests a moderately positive outlook.

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, focusing on the sale and distribution of vehicles and associated services. The company is known for its global presence and partnerships with leading automotive manufacturers, serving a diverse market with a range of automotive solutions.

Average Trading Volume: 1,102,174

Technical Sentiment Signal: Buy

Current Market Cap: £2.57B

Find detailed analytics on INCH stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1