Inchcape Cancels New Tranche of Shares Under Ongoing Buyback Programme

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

Inchcape plc has continued its ongoing share buyback programme, repurchasing 53,133 ordinary shares on 20 January 2026 at a volume-weighted average price of 785.95 pence per share through Jefferies International across several trading venues. The company intends to cancel all of the shares bought back, reducing its total shares in issue to 360,750,836, and bringing total repurchases since the programme began on 4 March 2025 to 33,144,183 shares at a cumulative cost of £228.6 million, underscoring management’s commitment to capital return and balance sheet efficiency 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 engaged in the automotive sector, with its ordinary shares traded across multiple venues including the London Stock Exchange and other European trading platforms. The company’s capital structure is actively managed through share repurchase programmes, reflecting a focus on optimising its equity base and returning capital to shareholders.

Average Trading Volume: 719,471

Technical Sentiment Signal: Buy

Current Market Cap: £2.84B

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