tiprankstipranks
Trending News
More News >

Inchcape Continues Share Buyback with Latest Purchase

Story Highlights
  • Inchcape plc purchased 172,287 ordinary shares on 28 March 2025 as part of its buyback programme.
  • The company has bought 2,688,463 shares since 4 March 2025, spending £19,114,822.93.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Inchcape Continues Share Buyback with Latest Purchase

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

Inchcape plc, a company engaged in a share buyback programme, announced the purchase of 172,287 of its ordinary shares on 28 March 2025. The shares were bought at prices ranging from 695.00p to 708.50p per share, with a volume-weighted average price of 699.55p. The company intends to cancel these shares, reducing its total number of ordinary shares in issue to 391,206,556. Since the start of the buyback programme on 4 March 2025, Inchcape has acquired a total of 2,688,463 shares at a cost of £19,114,822.93, indicating a significant effort to return value to shareholders.

More about Inchcape

YTD Price Performance: -9.68%

Average Trading Volume: 1,140,345

Technical Sentiment Signal: Hold

Current Market Cap: £2.72B

For detailed information about INCH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App