Inchcape Advances Share Buyback Programme with Latest Purchase

Inchcape ( (GB:INCH) ) has shared an update.

Inchcape plc has announced the purchase of 25,528 of its ordinary shares as part of its ongoing share buyback programme, which was initially announced on March 4, 2025. The shares were bought at a volume-weighted average price of 677.26 pence per share and will be cancelled rather than held in treasury. This transaction reduces the total number of Inchcape’s ordinary shares in issue to 372,219,099. Since the start of the buyback programme, the company has acquired a total of 21,675,920 shares at a cost of £147,792,688.84, reflecting its commitment to returning value to shareholders.

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 valuation and solid financial performance are the most significant factors contributing to its overall score. The company’s low P/E ratio and high dividend yield make it an attractive investment. Technical indicators suggest stability but show no strong momentum. The absence of recent earnings call data makes the analysis incomplete in this area.

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

More about Inchcape

Average Trading Volume: 1,190,847

Technical Sentiment Signal: Hold

Current Market Cap: £2.53B

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