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The latest announcement is out from Inchcape ( (GB:INCH) ).
Inchcape plc has executed a share buyback transaction, purchasing 149,731 ordinary shares at an average price of 655.57 pence per share, as part of its ongoing buyback program announced in March 2025. The company plans to cancel these shares, reducing the total number of shares in issue to 368,843,984, reflecting its commitment to enhancing shareholder value.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £735.00 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
Inchcape plc operates in the automotive industry, providing distribution, retail, and logistics services for vehicle manufacturers. The company focuses on optimizing its global footprint and enhancing shareholder value through strategic initiatives such as share buybacks.
Average Trading Volume: 788,677
Technical Sentiment Signal: Sell
Current Market Cap: £2.46B
For an in-depth examination of INCH stock, go to TipRanks’ Overview page.