Inchcape (GB:INCH) has released an update.
Inchcape PLC has executed a significant share buyback, purchasing 190,692 of its ordinary shares as part of a program initiated in August 2024. The shares, bought at an average price of 748.87 pence each, are set for cancellation, reducing the total shares in issue to 399,962,140. This move is part of Inchcape’s broader strategy to enhance shareholder value, having already invested over £103 million in repurchasing shares.
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