Motorpoint Advances Share Buyback, Cancels Shares
Company Announcements

Motorpoint Advances Share Buyback, Cancels Shares

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group PLC has successfully continued its share buyback program, purchasing 10,000 of its own ordinary shares at a uniform price of 143 GBp per share. These shares will be subsequently cancelled, leaving the total number of voting rights in the company at 86,651,852. The move aligns with the company’s strategy to enhance shareholder value and is compliant with market abuse regulations.

For further insights into GB:MOTR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskMotorpoint Welcomes New Expertise to Board
TipRanks UK Auto-Generated NewsdeskMotorpoint Advances Share Buyback, Reduces Share Count
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App