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Inchcape ( (GB:INCH) ) has provided an announcement.
Inchcape plc announced a recent purchase of 81,012 ordinary shares as part of its ongoing share buyback programme, initiated on August 1, 2024. This transaction, executed through Jefferies International Limited, is part of a larger strategy to optimize the company’s capital structure and return value to shareholders, having already acquired 18,651,616 shares at a cost of £146,511,506.63.
More about Inchcape
Inchcape plc operates in the automotive distribution and retail industry, focusing on distributing and retailing vehicles and providing associated services. The company caters to a global market, working with a range of automotive manufacturers to deliver vehicles and services to consumers and corporate clients.
YTD Price Performance: 12.21%
Average Trading Volume: 792,167
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.02B
See more data about INCH stock on TipRanks’ Stock Analysis page.
