Inchcape ( (GB:INCH) ) has provided an update.
Inchcape plc has executed a share buyback program, purchasing 150,190 of its ordinary shares on March 20, 2025, through Jefferies International Limited. The shares were bought at prices ranging from 711.00p to 721.00p, with a volume-weighted average price of 713.85p. This transaction is part of a broader buyback initiative announced earlier in March 2025, aimed at reducing the total number of shares in circulation, which now stands at 392,166,863. The buyback reflects Inchcape’s strategy to enhance shareholder value by reducing share count and potentially increasing earnings per share.
More about Inchcape
Inchcape plc operates in the automotive distribution and retail industry, focusing on the distribution, retail, and services of vehicles across multiple markets globally.
YTD Price Performance: -6.43%
Average Trading Volume: 1,057,298
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.83B
See more data about INCH stock on TipRanks’ Stock Analysis page.