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Inchcape Advances Share Buyback Program with Recent Purchase

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Inchcape Advances Share Buyback Program with Recent Purchase

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Inchcape ( (GB:INCH) ) just unveiled an update.

Inchcape plc has executed a share buyback program, purchasing 129,857 ordinary shares on August 11, 2025, at a volume-weighted average price of 656.52 pence per share. This transaction is part of a broader buyback initiative announced earlier in March 2025, aimed at reducing the total number of shares in circulation, which now stands at 370,878,743. The move reflects Inchcape’s strategic focus on optimizing capital structure and potentially enhancing shareholder value.

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 Neutral.

Inchcape’s overall stock score is driven by its strong financial performance and attractive valuation, which are offset by bearish technical indicators. The company’s strategic share buyback program further supports its valuation appeal. However, the negative market momentum suggests caution in the short term.

To see Spark’s full report on GB:INCH stock, click here.

More about Inchcape

Inchcape plc operates in the automotive industry, primarily focusing on the distribution and retail of vehicles. The company is engaged in providing automotive services and solutions across various markets worldwide.

Average Trading Volume: 945,602

Technical Sentiment Signal: Sell

Current Market Cap: £2.41B

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

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