Inchcape Cancels Further Shares as Buyback Programme Passes £22 Million

The latest announcement is out from Inchcape ( (GB:INCH) ).

Inchcape has continued its previously announced share buyback programme, repurchasing 314,994 ordinary shares between 13 and 17 April 2026 through UBS AG London Branch. The company plans to cancel these shares rather than hold them in treasury, reducing the total number of ordinary shares in issue to 355,400,431.

The latest purchases, executed across several trading venues at volume‑weighted average prices of around 786–805 pence per share, bring total buybacks since 3 March 2026 to 2,807,805 shares at a cost of approximately £22.2 million. The ongoing reduction in share capital signals continued capital return to shareholders and may enhance earnings per share over time.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £1330.00 price target. To see the full list of analyst forecasts on Inchcape stock, see the GB:INCH Stock Forecast page.

Spark’s Take on INCH Stock

According to Spark, TipRanks’ AI Analyst, INCH is a Outperform.

The score is driven primarily by solid underlying financials with strong cash generation, reinforced by upbeat 2026 guidance and shareholder returns (buybacks/dividend). Valuation is attractive (low P/E and decent yield), but the overall score is held back by weaker near-term technicals and the risk that recent margin pressure and APAC headwinds persist.

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

More about Inchcape

Inchcape plc is a global automotive distribution and retail group, focusing on the sale and servicing of vehicles across multiple markets. The company operates through partnerships with major car manufacturers, providing distribution, retailing, and related mobility services in both developed and emerging economies.

Average Trading Volume: 876,042

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.83B

For a thorough assessment of INCH stock, go to TipRanks’ Stock Analysis page.