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Inchcape ( (GB:INCH) ) has issued an announcement.
Inchcape PLC announced the purchase of 19,899 of its ordinary shares as part of its ongoing share buyback program, with the shares purchased at a volume-weighted average price of 803.77 pence per share. This move is part of a larger buyback initiative that began in March 2025, which has seen the company repurchase over 21 million shares, indicating a strategic effort to consolidate its share capital and potentially enhance shareholder value.
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 metrics are the most significant factor contributing to its high score, supported by positive technical indicators that reflect market confidence. Despite some recent fluctuations in financial performance, the company’s strategic actions, such as acquisitions and share buybacks, reinforce its robust market position.
To see Spark’s full report on GB:INCH stock, click here.
More about Inchcape
Average Trading Volume: 979,130
Technical Sentiment Signal: Strong Buy
Current Market Cap: £3B
See more data about INCH stock on TipRanks’ Stock Analysis page.