Inchcape Cancels Further Shares Under £229m Buyback Programme

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

Inchcape plc has repurchased 47,191 ordinary shares on 21 January 2026 as part of its ongoing share buyback programme, paying a volume-weighted average price of 790.60 pence per share through Jefferies International Limited and intending to cancel all of the purchased shares rather than hold them in treasury. Following settlement and cancellation, Inchcape’s total shares in issue will fall to 360,703,645, and since launching the buyback on 4 March 2025 the company has acquired 33,191,374 shares at a total cost of about £229.3m, underscoring a continued focus on capital return and balance-sheet optimisation for shareholders.

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 multiple venues including the London Stock Exchange, with its capital structure comprising ordinary shares of £0.10 each. The company actively manages its equity base through share repurchase programmes executed via investment banks in the open market.

Average Trading Volume: 722,892

Technical Sentiment Signal: Buy

Current Market Cap: £2.83B

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