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Inchcape Advances Share Buyback Program with Latest Purchase

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Inchcape Advances Share Buyback Program with Latest Purchase

The latest announcement is out from Inchcape ( (GB:INCH) ).

Inchcape plc has announced the purchase of 155,888 of its ordinary shares as part of its share buyback program. The shares were purchased at a volume-weighted average price of 710.93 pence per share and will be canceled, reducing the total number of shares in issue to 392,884,814. Since the program’s announcement on March 4, 2025, Inchcape has acquired 1,010,205 shares at a cost of £7,156,079.40, indicating a strategic move to enhance shareholder value.

More about Inchcape

YTD Price Performance: -7.86%

Average Trading Volume: 1,081,800

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £2.8B

For an in-depth examination of INCH stock, go to TipRanks’ Stock Analysis page.

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