Inchcape Advances Share Buyback Programme with Recent Purchase

Inchcape ( (GB:INCH) ) has provided an update.

Inchcape plc has announced the purchase of 680,622 ordinary shares as part of its share buyback programme, which was initiated on 4 March 2025. The shares were acquired through Jefferies International Limited at a volume-weighted average price of 687.33 pence per share. Following the cancellation of these shares, the total number of Inchcape’s ordinary shares in issue will be 373,855,877. Since the start of the buyback programme, Inchcape has repurchased 20,039,142 shares at a total cost of £136,558,732.47. This move is part of Inchcape’s strategy to enhance shareholder value by reducing the number of shares in circulation.

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 technical indicators and attractive valuation are significant drivers of the high stock score. The strategic share buyback program further enhances shareholder value, while solid financial health supports long-term growth. Despite the absence of earnings call data, the company’s market position and valuation metrics suggest a positive outlook.

To see Spark’s full report on GB:INCH stock, click here.

More about Inchcape

Average Trading Volume: 1,194,439

Technical Sentiment Signal: Buy

Current Market Cap: £2.63B

See more insights into INCH stock on TipRanks’ Stock Analysis page.