Motorpoint (GB:MOTR) has released an update.
Motorpoint Group plc, a leading car retailer, has successfully executed a share buyback, purchasing 10,000 Ordinary Shares at a price of 138 GBp per share, as part of its buyback program announced earlier in January. The repurchased shares are set to be cancelled, resulting in a revised total of 86,991,181 Ordinary Shares and equal voting rights post-transaction, reflecting the company’s commitment to enhancing shareholder value.
For further insights into GB:MOTR stock, check out TipRanks’ Stock Analysis page.