Inchcape (GB:INCH) has released an update.
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Inchcape has repurchased 181,795 of its ordinary shares as part of its ongoing buyback program, with plans to cancel these shares. Since August 2024, the company has bought back over 15 million shares, costing approximately £122.6 million. This move is part of Inchcape’s strategy to manage its share capital and potentially enhance shareholder value.
For further insights into GB:INCH stock, check out TipRanks’ Stock Analysis page.