Inchcape Cancels Further Shares as Buyback Programme Tops £230m

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

Inchcape plc reported that it repurchased 126,721 ordinary shares on 23 January 2026 under its ongoing share buyback programme, paying a volume-weighted average price of 810.09 pence per share, with trades executed across several venues including the London Stock Exchange, Chi-X, BATE, Aquis and Turquoise. The company will cancel these shares rather than hold them in treasury, reducing the total shares in issue to 360,537,110; since the programme’s launch on 4 March 2025, Inchcape has bought back 33,357,909 shares at a total cost of about £230.7 million, signalling a sustained capital return to shareholders and a further tightening of its share capital base.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £877.00 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 and other European trading platforms, and it is engaged in activities that support a listed equity investor base focused on capital markets transactions such as share buybacks.

Average Trading Volume: 731,102

Technical Sentiment Signal: Buy

Current Market Cap: £2.92B

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