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Inchcape ( (GB:INCH) ) has shared an update.
Inchcape plc has announced the repurchase of 135,484 ordinary shares as part of its ongoing share buyback program. The shares were bought at prices ranging from 660.00p to 665.50p and will be canceled rather than held in treasury. This action is part of a larger initiative that began in March 2025, during which the company has repurchased a total of 23,701,436 shares at a cost of £161,460,581.83. The buyback program aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and providing a return to shareholders.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £1140.00 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 stock score is driven by its strong financial performance and attractive valuation. The ongoing share buyback program further supports shareholder value. However, technical indicators suggest caution due to bearish trends, which slightly offsets the positive outlook.
To see Spark’s full report on GB:INCH stock, click here.
More about Inchcape
Average Trading Volume: 853,995
Technical Sentiment Signal: Sell
Current Market Cap: £2.45B
See more data about INCH stock on TipRanks’ Stock Analysis page.