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Inchcape ( (GB:INCH) ) has shared an announcement.
Inchcape plc announced the purchase of 150,217 of its ordinary shares as part of its ongoing share buyback programme, which began on 1 August 2024. The purchase, conducted through Jefferies International Limited, was executed at a volume weighted average price of 781.42 pence per share. The company intends to cancel these shares, which will reduce the total number of ordinary shares in issue to 394,634,850. Since the initiation of the buyback programme, Inchcape has repurchased 18,372,282 shares at a total cost of £144,357,554.02, reflecting its commitment to returning value to shareholders.
More about Inchcape
YTD Price Performance: 14.33%
Average Trading Volume: 796,555
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £3.08B
Find detailed analytics on INCH stock on TipRanks’ Stock Analysis page.
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