Inchcape (GB:INCH) has released an update.
Inchcape PLC has repurchased 195,717 of its ordinary shares as part of its ongoing share buyback program, with prices ranging from 731.50p to 742.00p per share. This move is part of a broader strategy initiated on August 1, 2024, where the company has already spent over £87 million to buy back more than 10 million shares. Such buybacks often aim to enhance shareholder value by reducing the number of shares in circulation.
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