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An announcement from Vertu Motors ( (GB:VTU) ) is now available.
Vertu Motors announced a recent purchase of 103,916 ordinary shares as part of its ongoing share buyback programme, initiated on 06 February 2025. This move, which sees the shares being canceled, continues the company’s strategy of returning value to shareholders, having already returned over £35 million and reduced shares in issue by 16.6% since October 2018.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating 198 sales outlets across the country primarily 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 strategies, enhancing operational efficiencies within its dealership network.
YTD Price Performance: -13.71%
Average Trading Volume: 504,273
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £164.9M
See more data about VTU stock on TipRanks’ Stock Analysis page.
