Inchcape Announces Progress in Share Buyback Program
Company Announcements

Inchcape Announces Progress in Share Buyback Program

Inchcape (GB:INCH) has released an update.

Inchcape plc has announced the acquisition of 153,872 of its own ordinary shares on August 29, 2024, intending to cancel them as part of a share buyback program initiated on August 1, 2024. The company has purchased a total of 3,355,122 shares at a cost of nearly £27.67 million since the beginning of the program. The execution of the buyback was facilitated by Jefferies International Limited across various trading venues, with no intention to retain any of the shares in treasury.

For further insights into GB:INCH stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskInchcape Continues Aggressive Share Buyback Strategy
TipRanks UK Auto-Generated NewsdeskInchcape PLC Strengthens Buyback Strategy with Share Repurchase
TipRanks UK Auto-Generated NewsdeskInchcape Boosts Shareholder Value with Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App