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Inchcape PLC Expands Share Buyback Initiative

Inchcape PLC Expands Share Buyback Initiative

Inchcape (GB:INCH) has released an update.

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Inchcape PLC has repurchased 187,305 of its ordinary shares as part of its ongoing share buyback program, aiming to reduce the overall number of shares in circulation. The shares were bought at prices ranging from 749.00p to 762.50p per share, and the company intends to cancel them rather than hold them in treasury. This move is part of a larger initiative that has seen Inchcape buy back over 12 million shares since August 2024, costing over £100 million.

For further insights into GB:INCH stock, check out TipRanks’ Stock Analysis page.

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