DCC plc Stock: £600m Tender Offer Results Set £51.70 Strike Price — What It Means for DCC Shares, Dividends and Analyst Forecasts (19 Dec 2025)
DCC plc will buy back 11,605,415 ordinary shares at £51.70 each after a fully subscribed £600 million tender offer, representing about 12% of its issued share capital. Some tenders at the strike price were scaled back to stay within the cap. Payment is expected within 10 business days. Davy is handling the purchase, with DCC set to acquire the shares from Davy later today.