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An announcement from Inchcape ( (GB:INCH) ) is now available.
Inchcape has continued executing its previously announced share buyback, repurchasing 137,686 ordinary shares on 9 February 2026 at a volume-weighted average price of 833.71 pence and intends to cancel all of these shares rather than hold them in treasury. The move reduces the number of shares in issue to 358,988,582 and brings total repurchases since March 2025 to 34,906,437 shares at a cost of about £243.4 million, reinforcing capital return to shareholders and slightly increasing earnings per share for remaining investors.
The latest buyback trades were executed across multiple venues, including the London Stock Exchange, Chi-X, BATE, Aquis and Turquoise, via Jefferies International Limited as intermediary. By spreading purchases over several trading platforms and continuing to cancel repurchased stock, Inchcape signals ongoing confidence in its balance sheet strength and long-term value, while modestly tightening its free float and capital structure.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £939.00 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 global automotive distribution and retail group listed in London, focused on selling and servicing vehicles through a multi-brand network and partnering with major car manufacturers in key markets worldwide. The company’s operations span vehicle distribution, retail dealerships, and related value-added services across both mature and emerging automotive markets.
Average Trading Volume: 767,834
Technical Sentiment Signal: Buy
Current Market Cap: £2.98B
Learn more about INCH stock on TipRanks’ Stock Analysis page.