Inchcape ( (GB:INCH) ) has issued an announcement.
Inchcape plc has executed a share buyback program, purchasing 137,475 of its ordinary shares on 17 March 2025, with plans to cancel these shares. This move is part of a broader buyback initiative announced earlier in March, aiming to reduce the total number of shares in circulation, potentially increasing shareholder value.
More about Inchcape
Inchcape plc operates in the automotive distribution and retail industry, providing services related to the sale and distribution of vehicles. The company focuses on enhancing its market position through strategic financial maneuvers such as share buyback programs.
YTD Price Performance: -6.82%
Average Trading Volume: 1,077,352
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.79B
See more insights into INCH stock on TipRanks’ Stock Analysis page.