The latest announcement is out from Inchcape ( (GB:INCH) ).
Inchcape plc has announced the purchase of 216,285 of its ordinary shares as part of its ongoing share buyback programme. The shares were bought at prices ranging from 642.00p to 683.50p and will be canceled, reducing the total number of shares in issue to 390,225,801. This move is part of a broader strategy initiated on 4 March 2025, through which the company has acquired 3,669,218 shares at a total cost of £25,740,434.88, potentially enhancing shareholder value by reducing the number of shares outstanding.
More about Inchcape
YTD Price Performance: -14.36%
Average Trading Volume: 1,188,581
Technical Sentiment Signal: Buy
Current Market Cap: £2.57B
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