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Inchcape Executes Share Buyback to Enhance Shareholder Value

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Inchcape Executes Share Buyback to Enhance Shareholder Value

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

Inchcape plc has executed a share buyback program, purchasing 136,086 ordinary shares on August 6, 2025, through Jefferies International Limited. The shares were bought at prices ranging from 662.00p to 669.00p, with a volume-weighted average price of 664.80p. The company plans to cancel these shares, reducing its total number of ordinary shares in issue to 371,282,170. This buyback is part of a larger program initiated on March 4, 2025, which has seen the company repurchase 22,612,849 shares at a total cost of £154,271,064.93. The move is likely aimed at enhancing shareholder value by reducing the number of shares outstanding.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £1140.00 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 Neutral.

Inchcape’s overall stock score is driven by its strong valuation and positive corporate events, particularly the share buyback program and insider buying. However, the bearish technical indicators and recent financial fluctuations temper the score, suggesting cautious optimism.

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

More about Inchcape

Inchcape plc operates in the automotive distribution and retail industry, focusing on the distribution and sale of vehicles and related services. The company is known for its global presence and partnerships with major automotive brands, serving markets across multiple regions.

Average Trading Volume: 957,417

Technical Sentiment Signal: Sell

Current Market Cap: £2.48B

For an in-depth examination of INCH stock, go to TipRanks’ Overview page.

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