IN BRIEF: Inchcape non-executive director buy £110,000 in shares

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Inchcape PLC - London-based automotive distributor - Non-Executive Director Byron Grote buys 15,000 shares at £7.24 each, worth £108,600, in London on Friday.

On Thursday, Inchcape said pretax profit jumped to £399.7 million in 2022 from £181.3 million in 2021, while revenue from continuing operations climbed 18% to £8.13 billion from £6.90 billion.

The firm proposed a final dividend of 21.3 pence, which would bring its full-year payout to 28.8p, up 28% from 22.5p a year prior.

Current stock price: 719.50 pence, down 1.4%

12-month change: up 3.3%

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