18th Sep 2013 17:10
LONDON (Alliance News) - Inchcape PLC said Wednesday it purchased for cancellation 100,000 shares at an average price of 611.8459 pence per share.
The shares were purchased on Wednesday from JP Morgan Securities PLC.
Following the purchase, the auto distributor has 467.1 million shares in issue excluding treasury shares and holds 2.7 million shares in treasury.
Inchape closed down 9.50p at 607.00p Wednesday.
By Tom Waite; thomaslwaite@alliancenews.com; @thomaslwaite
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