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The latest announcement is out from Inchcape ( (GB:INCH) ).
Inchcape plc has announced the purchase of 130,307 of its ordinary shares as part of its ongoing share buyback program. The shares were purchased at a volume-weighted average price of 677.77 pence per share and will be cancelled, reducing the total number of shares in issue to 369,796,756. Since the start of the buyback program in March 2025, Inchcape has acquired over 24 million shares, reflecting its commitment to enhancing shareholder value.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £735.00 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 overall stock score is driven by its strong financial performance and attractive valuation. The ongoing share buyback program further supports shareholder value. However, technical indicators suggest caution due to bearish trends, which slightly offsets the positive outlook.
To see Spark’s full report on GB:INCH stock, click here.
More about Inchcape
Average Trading Volume: 844,514
Technical Sentiment Signal: Sell
Current Market Cap: £2.48B
See more insights into INCH stock on TipRanks’ Stock Analysis page.