Inchcape Continues Share Buyback Program with Latest Purchase

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

Inchcape plc has announced the purchase of 29,702 of its ordinary shares as part of its ongoing share buyback program, which was initiated on March 4, 2025. The shares were bought at prices ranging from 674.00p to 690.00p per share, with an average price of 679.52p. The company plans to cancel these shares, reducing the total number of shares in issue to 372,244,627. Since the start of the buyback program, Inchcape has acquired 21,650,392 shares at a total cost of £147,619,796.78. This move is part of Inchcape’s strategy to manage its capital structure and return value to shareholders.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £11.00 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 receives a strong score primarily due to its solid financial performance and valuation. The ongoing share buyback program further boosts shareholder value. While technical indicators are moderately strong, they do not significantly alter the positive outlook driven by financial health and strategic initiatives.

To see Spark’s full report on GB:INCH stock, click here.

More about Inchcape

Average Trading Volume: 1,185,418

Technical Sentiment Signal: Buy

Current Market Cap: £2.56B

Find detailed analytics on INCH stock on TipRanks’ Stock Analysis page.