Motorpoint Executes Strategic Share Buyback

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group PLC, a prominent automobile retailer, has recently executed a share buyback as part of its programme announced in January 2024, purchasing 11,719 of its own ordinary shares. The transactions varied in price from 142.50 to 143.50 GBp per share, with the volume weighted average price at 143.3533 GBp. Following the buyback, Motorpoint’s total number of ordinary shares in issuance has reduced, thereby consolidating the voting rights to 86,699,364.

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