Motorpoint Executes Share Buyback, Cancels Shares

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group PLC has executed a share buyback as part of its previously announced programme, acquiring 59,601 of its own Ordinary Shares with the highest price paid being 142.50 GBp. Following this transaction, the company has a total of 86,763,000 voting rights, as the purchased shares are set to be cancelled. The share buyback reflects Motorpoint’s ongoing strategy to manage its capital effectively.

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