Inchcape Cancels Further Shares After Continuing £233m Buyback Programme

Inchcape ( (GB:INCH) ) just unveiled an announcement.

Inchcape plc has continued its previously announced share buyback programme with the repurchase on 27 January 2026 of 125,670 ordinary shares at a volume‑weighted average price of 811.92p per share, executed through Jefferies International across several trading venues. The company intends to cancel these shares, reducing its total shares in issue to 360,237,358, and bringing the cumulative buyback since March 2025 to 33,657,661 shares at a total cost of £233.1m, a move that further shrinks the equity base and may enhance earnings per share and capital return for existing investors.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £990.00 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 an automotive-focused company listed in London, with its ordinary shares traded across multiple venues including the London Stock Exchange and various alternative trading platforms. The company actively manages its capital structure and share base through an ongoing share buyback programme, signalling an emphasis on shareholder returns and balance sheet optimisation.

Average Trading Volume: 733,645

Technical Sentiment Signal: Buy

Current Market Cap: £2.89B

For an in-depth examination of INCH stock, go to TipRanks’ Overview page.