Inchcape ( (GB:INCH) ) has shared an update.
Inchcape plc, a company engaged in a share buyback programme, announced the purchase of 200,988 ordinary shares on March 31, 2025, at a volume-weighted average price of 672.86 pence per share. The company intends to cancel these shares, reducing its total number of ordinary shares in issue to 391,005,568. This move is part of a broader buyback initiative that began on March 4, 2025, with a total of 2,889,451 shares purchased at a cost of £20,467,185.06, indicating a strategic effort to enhance shareholder value.
More about Inchcape
YTD Price Performance: -9.68%
Average Trading Volume: 1,140,345
Technical Sentiment Signal: Hold
Current Market Cap: £2.72B
For an in-depth examination of INCH stock, go to TipRanks’ Stock Analysis page.