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Inchcape PLC Advances Share Buyback with New Purchase
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Inchcape PLC Advances Share Buyback with New Purchase

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Inchcape ( (GB:INCH) ) has shared an announcement.

Inchcape PLC announced the purchase of 22,344 of its ordinary shares as part of its ongoing share buyback program initiated on August 1, 2024. The company plans to cancel these shares, reducing the total number of shares in circulation to 394,333,172, reflecting its commitment to returning value to shareholders.

More about Inchcape

Inchcape PLC operates within the automotive distribution and retail industry, providing services related to the sale and distribution of vehicles and parts. The company focuses on enhancing its market presence through strategic initiatives and financial management strategies.

Average Trading Volume: 774,610

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.03B

For detailed information about INCH stock, go to TipRanks’ Stock Analysis page.

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