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Inchcape Cancels Further Shares Under £236.8m Buyback Programme

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Inchcape Cancels Further Shares Under £236.8m Buyback Programme

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An update from Inchcape ( (GB:INCH) ) is now available.

Inchcape plc has continued its previously announced share buyback programme with the repurchase on 30 January 2026 of 138,920 ordinary shares at a volume-weighted average price of 817.04p per share, executed through Jefferies International across multiple trading venues. The company intends to cancel these shares rather than hold them in treasury, reducing its total shares in issue to 359,782,642 and bringing total repurchases since the programme began in March 2025 to 34,112,377 shares at a total cost of approximately £236.8m, a move that effectively returns capital to shareholders and increases earnings per share for remaining investors.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £933.00 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 the London Stock Exchange and other European trading venues, with a substantial issued share capital of over 359 million shares following recent buybacks.

Average Trading Volume: 753,217

Technical Sentiment Signal: Buy

Current Market Cap: £2.94B

For detailed information about INCH stock, go to TipRanks’ Stock Analysis page.

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