Inchcape Continues Share Buyback with Latest Purchase

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

Inchcape plc has announced the purchase of 12,897 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at a volume-weighted average price of 675.97 pence per share and will be canceled rather than held in treasury. This transaction is part of a broader buyback initiative that began on 4 March 2025, during which the company has repurchased a total of 21,754,286 shares at a cost of £148,323,822.45. The reduction in the number of shares is expected to impact the company’s share capital structure.

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’s strong financial performance, attractive valuation, and strategic share buyback program are the primary factors contributing to the overall score. Technical indicators are neutral, suggesting moderate market stability. The absence of earnings call data limits further insights into future guidance and sentiment.

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

More about Inchcape

Average Trading Volume: 1,136,030

Technical Sentiment Signal: Hold

Current Market Cap: £2.52B

For a thorough assessment of INCH stock, go to TipRanks’ Stock Analysis page.