The latest announcement is out from Vertu Motors ( (GB:VTU) ).
Vertu Motors has announced the repurchase of 136,698 ordinary shares as part of its ongoing share buyback programme, initiated in February 2025. This move is part of a broader strategy to return value to shareholders, having already reduced the company’s shares in issue by 17.2% since October 2018. The repurchased shares will be cancelled, affecting the total number of shares with voting rights, which will now stand at 329,023,298. This transaction reflects Vertu’s commitment to optimizing shareholder value and maintaining a strong market position.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating a network of 200 sales outlets under the Bristol Street Motors and Vertu brand names. Established in 2006, the company aims to consolidate the UK motor retail sector through acquisitions and organic growth, enhancing operational efficiencies across its national dealership network.
YTD Price Performance: -12.18%
Average Trading Volume: 457,914
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £165.8M
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