Inchcape ( (GB:INCH) ) has provided an update.
Inchcape plc has announced the purchase of 180,455 of its ordinary shares as part of its ongoing share buyback programme. The shares were purchased at a volume-weighted average price of 688.41 pence per share and will be cancelled, reducing the total number of shares in issue to 390,442,086. Since the programme’s announcement on 4 March 2025, Inchcape has bought back a total of 3,452,933 shares at a cost of £24,314,990.64, reflecting the company’s strategy to return value to shareholders.
More about Inchcape
YTD Price Performance: -10.53%
Average Trading Volume: 1,165,785
Technical Sentiment Signal: Buy
Current Market Cap: £2.64B
For a thorough assessment of INCH stock, go to TipRanks’ Stock Analysis page.