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Inchcape Cancels Further Shares Under Ongoing Buyback Programme

Story Highlights
  • Inchcape repurchased 160,946 shares on 28 January 2026 at an average price of 813.6 pence for cancellation.
  • The buyback, part of a March 2025 programme, has retired 33.8 million shares costing £234.4 million, reducing shares in issue to 360.1 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Inchcape Cancels Further Shares Under Ongoing Buyback Programme

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Inchcape ( (GB:INCH) ) just unveiled an announcement.

Inchcape has continued its ongoing capital management efforts by repurchasing 160,946 ordinary shares on 28 January 2026 at a volume-weighted average price of 813.6 pence per share through Jefferies International, with the company confirming that all bought-back shares will be cancelled rather than held in treasury. The transaction forms part of the share buyback programme launched in March 2025, under which Inchcape has now acquired a total of 33.8 million shares for approximately £234.4 million, reducing its shares in issue to 360,076,412 and signalling a sustained commitment to returning capital to shareholders and potentially enhancing earnings per share.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £990.00 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 automotive group that operates as a global distributor and retailer of vehicles and related services, with its shares traded on the London Stock Exchange.

Average Trading Volume: 728,889

Technical Sentiment Signal: Buy

Current Market Cap: £2.89B

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

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