Inchcape plc (INCH) Completes Buyback of 525,653 Shares from 1–4 September 2026, Total Spend Reaches £102.8 Million

Inchcape plc (INCH), the international automotive distribution and services company, has repurchased 525,653 of its ordinary shares between 1 September and 4 September 2026. These transactions were carried out by UBS AG London Branch across five trading platforms as part of the share buyback programme announced on 3 March 2026. All shares acquired will be cancelled rather than held in treasury, reducing the company's total shares outstanding. Since the programme's inception, Inchcape has bought back 12,703,918 shares at a total cost of £102,787,237.10. Key Points Inchcape plc (INCH), a global automotive distributor listed on the London Stock Exchange Purchased 525,653 ordinary shares between 1–4 September 2026 via UBS AG London Branch Volume weighted average prices ranged from 840.80p to 847.78p during the four trading days; all shares to be cancelled Investors should monitor ongoing weekly buyback disclosures as the March 2026 programme continues During the four-day period, Inchcape repurchased shares as follows: on 1 September, 152,756 shares were bought at a volume weighted average price (VWAP) of 840.80p, with prices ranging from 833.50p to 850.00p. On 2 September, 99,537 shares were acquired at a VWAP of 843.31p. The largest daily purchase occurred on 3 September with 177,321 shares at a VWAP of 842.91p. On 4 September, 96,039 shares were bought at the highest VWAP of the period, 847.78p, with prices between 845.50p and 850.50p. Trades Executed Across LSE, CHIX, BATE, Aquis, and Turquoise for Inchcape UBS AG London Branch executed the share buybacks across five trading venues: the London Stock Exchange (LSE), Cboe Chi-X Europe (CHIX), Cboe BXE (BATE), Aquis Exchange, and Turquoise. The LSE accounted for the majority of shares traded each day, with volumes of 85,444 on 1 September, 59,489 on 2 September, 99,330 on 3 September, and 46,828 on 4 September. This multi-venue execution strategy aligns with industry best practices to optimize liquidity and achieve best execution. Share Cancellation Lowers Inchcape's Total Ordinary Shares Outstanding to 345,504,318 After settlement and cancellation of the 525,653 shares purchased during this period, Inchcape's total ordinary shares in issue will decrease to 345,504,318, each with a nominal value of £0.10. The company has confirmed that none of the repurchased shares will be held in treasury. Such cancellations reduce the overall share count, potentially impacting per-share financial metrics. The cumulative expenditure of £102,787,237.10 since March 2026 highlights a significant capital allocation decision by Inchcape. Inchcape's March 2026 Buyback Programme Surpasses £102.7 Million in Share Repurchases Since the buyback programme began on 3 March 2026, Inchcape has repurchased a total of 12,703,918 shares at an aggregate cost of £102,787,237.10. As a leading independent automotive distributor partnering with global vehicle manufacturers across multiple markets, Inchcape's sustained buyback activity demonstrates ongoing commitment to returning capital to shareholders. Investors will likely continue to monitor the remaining capacity under the programme's authorised limit, which has not been disclosed in this update. To keep reading, please log in to your account, create a free account, or simply fill out the form below.