Motorpoint (GB:MOTR) has released an update.
Motorpoint Group PLC recently executed a share buyback, purchasing 17,430 of its own ordinary shares at a uniform price of 137 GBp per share. The acquired shares are set to be cancelled, which will leave the company with 87,016,931 ordinary shares in issue and an equal number of voting rights. This move is part of a share buyback programme initiated earlier in the year, reflecting the company’s strategic financial management.
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