Inchcape plc Advances Share Buyback Program with Latest Purchase

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

Inchcape plc has executed a share buyback transaction, purchasing 11,264 of its ordinary shares at an average price of 676.08 pence per share on June 13, 2025. This purchase is part of a broader buyback program initiated in March 2025, which has seen the company buy back over 21 million shares at a cost exceeding £148 million. The cancellation of these shares is expected to reduce the total number of shares in issue, potentially enhancing shareholder value and reflecting the company’s strategic focus on optimizing its 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 valuation and strategic share buyback program are the most significant factors supporting its stock score. The company’s robust financial health further enhances its attractiveness, despite minor technical indicators suggesting a neutral market stance.

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 sale and distribution of vehicles and related services. The company is known for its global presence and partnerships with major automotive brands.

Average Trading Volume: 1,096,800

Technical Sentiment Signal: Buy

Current Market Cap: £2.52B

See more data about INCH stock on TipRanks’ Stock Analysis page.