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Motorpoint Group Advances Share Buyback Plan

Motorpoint Group Advances Share Buyback Plan

Motorpoint (GB:MOTR) has released an update.

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Motorpoint Group PLC has successfully executed a share buyback, purchasing 10,000 Ordinary Shares at a uniform price of 142.50 GBp per share, which will lead to the cancellation of these shares. This reduces the total number of Ordinary Shares in issue to 86,671,852, thereby adjusting the company’s total voting rights. The buyback aligns with Motorpoint’s previously announced programme and continues the company’s efforts to manage its share capital effectively.

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

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