Inchcape (GB:INCH) has released an update.
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Inchcape PLC has strategically repurchased 191,914 of its own shares on October 8, 2024, with the intention of cancelling them to reduce the total number of shares in issue. Executed through Jefferies International Limited, the buyback is part of an ongoing programme that began on August 1, 2024, and has since accumulated a total of 8,276,015 shares at a cost of over £67 million. The detailed transactions were made across several trading venues including the London Stock Exchange and Chi-X.
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