Motorpoint Advances Share Buyback Programme

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group PLC recently executed a share buyback, purchasing 10,042 of its own Ordinary Shares at prices between 138.00 and 139.00 GBp per share, resulting in a new total of 86,975,300 voting rights. The bought-back shares will be cancelled, thereby potentially increasing the value of remaining shares for investors. This move is part of a previously announced buyback program and reflects the company’s ongoing effort to manage its capital effectively.

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