Inchcape (GB:INCH) has released an update.
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Inchcape plc has actively engaged in a share buyback program, purchasing 177,630 of its own shares at an average price of 764.13 pence each, as part of a larger initiative that began in August 2024. The company plans to cancel these shares, reducing the total number of outstanding shares, which could potentially enhance shareholder value. This strategic move underscores Inchcape’s commitment to returning capital to its investors.
For further insights into GB:INCH stock, check out TipRanks’ Stock Analysis page.
