Inchcape PLC (INCH), the global automotive distribution and retail group, has announced the purchase of 663,880 ordinary shares between 2 and 6 November 2026 as part of its ongoing share buyback programme. The shares were acquired through UBS AG London Branch across multiple trading venues, with prices ranging from 626.50p to 648.00p per share. All purchased shares are to be cancelled rather than held in treasury, reducing the company's total shares in issue. Since the programme launched on 3 March 2026, Inchcape has now bought back 24,968,440 shares at a total cost of £190,794,134.60.

Key Points

  • Inchcape PLC (INCH) — global automotive distribution group listed on the London Stock Exchange
  • 663,880 ordinary shares of £0.10 each purchased between 2 and 6 November 2026 via UBS AG London Branch
  • Cumulative buyback since 3 March 2026 totals 24,968,440 shares at a cost of £190,794,134.60; shares in issue will stand at 333,239,796 following settlement
  • Investors should watch for further weekly buyback disclosures as the programme continues toward its stated objectives

Inchcape's Five-Day Buyback: Daily Volumes and Price Range from 626.50p to 648.00p

Across the five trading days covered by the announcement, daily purchase volumes varied considerably. The largest single-day purchase occurred on 5 November 2026, when 260,079 shares were acquired at a volume weighted average price of 641.08p, with the highest price paid that day reaching 648.00p — the peak for the entire period. The smallest daily tranche was 30,409 shares on 4 November 2026. The lowest price paid during the week was 626.50p on 2 November 2026, when 138,703 shares were purchased. All trades were executed by UBS AG London Branch on behalf of the company.

Trades Spread Across LSE, CHIX, BATE, Aquis and Turquoise Venues

The announcement provides a detailed breakdown showing that purchases were distributed across five trading venues: the London Stock Exchange, Cboe Chi-X Europe (CHIX), Cboe BXE (BATE), Aquis Exchange, and Turquoise. The London Stock Exchange accounted for the largest share of volume on each trading day, with the remaining venues handling smaller proportions. This multi-venue approach is consistent with standard market practice for managed buyback programmes and reflects the breadth of liquidity available for a FTSE-listed stock such as Inchcape. Full transaction-level detail is available via a linked PDF on the London Stock Exchange's regulatory news service.

Programme Totals: £190.8 Million Spent and 24.97 Million Shares Cancelled Since March 2026

Inchcape's buyback programme, first announced on 3 March 2026, has now returned substantial capital to shareholders through cancellation. The cumulative spend of £190,794,134.60 across 24,968,440 shares underlines the scale of the programme to date. Following settlement and cancellation of this latest tranche, the total ordinary shares in issue will fall to 333,239,796. The company has stated it does not intend to hold any purchased shares in treasury, meaning each tranche directly reduces the share count and, in turn, the denominator used in per-share financial metrics. Investors may be watching the pace of purchases as the programme progresses.