Inchcape Continues Share Buyback, Cancels Additional Shares

Inchcape ( (GB:INCH) ) has shared an update.

Inchcape plc has continued its ongoing share buyback programme, repurchasing 127,195 ordinary shares on 10 February 2026 at a volume‑weighted average price of 843.32 pence per share. The company intends to cancel these shares rather than hold them in treasury, reducing the total number of shares in issue to 358,861,387.

Since the buyback programme began on 4 March 2025, Inchcape has acquired 35,033,632 shares at a total cost of £244.45 million, signalling a sustained capital return to shareholders and a move to enhance earnings per share. The latest purchases were executed across multiple trading venues through Jefferies International Limited, underscoring the scale and structure of the company’s ongoing capital management strategy.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £939.00 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 an automotive distribution and retail group that focuses on selling and servicing vehicles across global markets. The company operates through partnerships with major car manufacturers, providing distribution, retail, and related services in both developed and emerging economies.

Average Trading Volume: 767,834

Technical Sentiment Signal: Buy

Current Market Cap: £2.98B

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