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Inchcape ( (GB:INCH) ) has provided an update.
Inchcape plc has completed its share buyback program, initiated on August 1, 2024, by purchasing a total of 95,560 ordinary shares worth approximately £755.43 per share on January 9, 2025. This program, facilitated by Jefferies International Limited, resulted in the acquisition of 19,112,113 shares at a total cost of £149,999,567.98 and aimed to enhance shareholder value by reducing the number of shares in circulation.
More about Inchcape
Inchcape plc operates in the automotive distribution and retail sector, focusing on the distribution and sale of vehicles and related services. The company serves a global market with a strong presence in automotive retailing and distribution services.
YTD Price Performance: -2.08%
Average Trading Volume: 755,615
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.96B
Find detailed analytics on INCH stock on TipRanks’ Stock Analysis page.
