Inchcape (GB:INCH) has released an update.
Inchcape plc has announced the purchase and subsequent cancellation of 166,160 of its own ordinary shares as part of an ongoing share buyback program initiated on August 1, 2024. The aim of the buyback is to reduce the total number of shares in issue, with the company having bought back 4,161,569 shares to date at a cost of over £34 million. This action is expected to enhance value for remaining shareholders.
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