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Inchcape ( (GB:INCH) ) has issued an announcement.
Inchcape plc has continued executing its share buyback programme with the purchase of 128,079 ordinary shares on 6 February 2026 at a volume-weighted average price of 835.02 pence, with the shares to be cancelled rather than held in treasury. The move reduces the company’s share count to 359,126,268, bringing total repurchases since March 2025 to 34,768,751 shares at a cost of about £242.2 million, signalling ongoing capital returns to shareholders and a tighter equity base.
The latest tranche of buybacks was executed through Jefferies International across multiple trading venues including the London Stock Exchange, Chi-X, BATE, Aquis, and Turquoise. By shrinking its free-float, Inchcape may enhance metrics such as earnings per share and underline management’s confidence in the group’s financial position, while also potentially supporting the share price in the market.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £939.00 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 financial performance and attractive valuation are the most significant factors contributing to its high score. The technical indicators also support a positive outlook, with bullish momentum evident. The ongoing share buyback program further enhances shareholder value, although it is not directly factored into the score due to weight redistribution.
To see Spark’s full report on GB:INCH stock, click here.
More about Inchcape
Inchcape plc is an automotive distribution and retail group that focuses on selling and servicing vehicles across multiple markets. The company operates through partnerships with car manufacturers, providing sales, aftersales, and related mobility services to retail and fleet customers worldwide.
Average Trading Volume: 778,087
Technical Sentiment Signal: Buy
Current Market Cap: £2.98B
For a thorough assessment of INCH stock, go to TipRanks’ Stock Analysis page.