Inchcape (GB:INCH) has released an update.
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Inchcape PLC has actively engaged in its share buyback program, purchasing 168,314 ordinary shares on December 6, 2024, at an average price of 774.17 pence per share. Since the program’s inception in August 2024, the company has acquired over 16 million shares, amounting to a total cost of £127 million. This strategic move aims to optimize shareholder value by reducing the total number of shares in circulation.
For further insights into GB:INCH stock, check out TipRanks’ Stock Analysis page.