The latest update is out from Inchcape ( (GB:INCH) ).
Inchcape plc has announced the purchase of 187,070 of its ordinary shares as part of its ongoing share buyback programme, which was initiated on March 4, 2025. The shares were acquired at prices ranging from 672.00p to 692.00p, with a volume-weighted average price of 682.82p. The company plans to cancel these shares, reducing its total number of ordinary shares in issue to 390,622,541. Since the start of the buyback programme, Inchcape has repurchased 3,272,478 shares, amounting to a total expenditure of £23,072,714.96.
More about Inchcape
Inchcape plc operates in the automotive distribution and retail industry, providing services related to the sale and distribution of vehicles. The company focuses on delivering a wide range of automotive products and services across various markets globally.
YTD Price Performance: -10.53%
Average Trading Volume: 1,165,785
Technical Sentiment Signal: Buy
Current Market Cap: £2.64B
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