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Inchcape Cancels Further Shares After £235.7m Buyback Drive

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Inchcape Cancels Further Shares After £235.7m Buyback Drive

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Inchcape ( (GB:INCH) ) has issued an update.

Inchcape plc has repurchased 154,850 ordinary shares on 29 January 2026 at a volume‑weighted average price of 818.56 pence per share as part of its ongoing share buyback programme. The company will cancel these shares, reducing its share count to 359,921,562, and bringing total repurchases since the programme’s launch in March 2025 to 33,973,457 shares at a cost of about £235.7 million, a move that signals continued capital returns to shareholders and a tightening of the company’s equity base.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £933.00 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 strong financial performance and attractive valuation are the most significant factors contributing to its high score. The technical indicators also support a positive outlook, with bullish momentum evident. The ongoing share buyback program further enhances shareholder value, although it is not directly factored into the score due to weight redistribution.

To see Spark’s full report on GB:INCH stock, click here.

More about Inchcape

Inchcape plc is a UK-listed company whose ordinary shares trade on venues including the London Stock Exchange, Chi-X, BATS, Aquis and Turquoise, with Jefferies International Limited currently acting as intermediary for its share repurchase activity.

Average Trading Volume: 745,734

Technical Sentiment Signal: Buy

Current Market Cap: £2.93B

See more insights into INCH stock on TipRanks’ Stock Analysis page.

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