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Inchcape PLC Advances Share Buyback Program with Recent Purchase

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Inchcape PLC Advances Share Buyback Program with Recent Purchase

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An update from Inchcape ( (GB:INCH) ) is now available.

Inchcape PLC announced the purchase of 144,481 of its ordinary shares as part of its ongoing share buyback program, initially announced in March 2025. The company plans to cancel these shares, reducing the total number of shares in issue to 362,877,542. This move is part of a broader strategy to enhance shareholder value, having already invested over £212 million in share repurchases since March.

The most recent analyst rating on (GB:INCH) stock is a Buy with a £849.00 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 overall stock score is driven by its strong financial performance and attractive valuation. The company’s robust capital management and profitability improvements are significant strengths. While technical indicators show bullish momentum, caution is advised due to potential overbought conditions. The absence of recent earnings call data and corporate events means these factors did not influence the score.

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 a significant player in the global automotive market, offering a range of products and services to its customers.

Average Trading Volume: 787,245

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.72B

See more insights into INCH stock on TipRanks’ Stock Analysis page.

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