Inchcape ( (GB:INCH) ) just unveiled an announcement.
Inchcape plc has executed a share buyback programme, purchasing 154,184 of its ordinary shares on 25 March 2025, with plans to cancel these shares. This move is part of a broader buyback initiative announced earlier in March, which has seen the company repurchase over 2 million shares. The cancellation of shares is expected to reduce the total number of shares in issue, potentially enhancing shareholder value.
More about Inchcape
Inchcape plc operates in the automotive distribution and retail industry, focusing on the distribution of vehicles and parts. The company is known for its global presence and partnerships with leading automotive brands, catering to a wide range of markets worldwide.
YTD Price Performance: -7.02%
Average Trading Volume: 1,116,080
Technical Sentiment Signal: Hold
Current Market Cap: £2.8B
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