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Inchcape ( (GB:INCH) ) has provided an announcement.
Inchcape plc has continued its previously announced share buyback programme with the purchase on 13 January 2026 of 3,161 ordinary shares at a volume-weighted average price of 781.93 pence per share, executed via Jefferies International across several trading venues including the London Stock Exchange, Chi-X, BATE, Aquis and Turquoise. The company intends to cancel these shares rather than hold them in treasury, reducing the total number of shares in issue to 360,804,302; since the start of the programme on 4 March 2025, Inchcape has bought back 33,090,717 shares at a total cost of £228.6m, underscoring its ongoing capital-return strategy and potential support for earnings per share and shareholder value.
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 venues including the London Stock Exchange and other European trading platforms. The group is engaged in activities that support a broad shareholder base and actively manages its capital structure through programmes such as share buybacks and subsequent share cancellations.
Average Trading Volume: 735,121
Technical Sentiment Signal: Buy
Current Market Cap: £2.83B
See more insights into INCH stock on TipRanks’ Stock Analysis page.