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Inchcape ( (GB:INCH) ) has provided an update.
Inchcape PLC announced the repurchase of 137,507 ordinary shares as part of its ongoing share buyback program, initially declared in March 2025. This move, executed through Jefferies International Limited, aims to cancel the acquired shares, reducing the total number of shares in issue to 371,144,663, reflecting the company’s strategy to enhance shareholder value.
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 strong financial performance and attractive valuation, which are offset by bearish technical indicators. The company’s strategic share buyback program further supports shareholder value, but the current market momentum suggests caution.
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 across various markets.
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.