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Vertu Motors ( (GB:VTU) ) just unveiled an announcement.
Vertu Motors has announced the repurchase of 170,241 ordinary shares as part of its ongoing share buyback program initiated in February 2025. This move reduces the total shares with voting rights, impacting shareholder calculations under FCA rules. Since 2018, the buyback program has returned over £35.5 million to shareholders, decreasing the company’s shares in issue by 16.8%.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating 199 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 to enhance operational efficiencies across its dealership network.
YTD Price Performance: -11.00%
Average Trading Volume: 549,886
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £171M
For a thorough assessment of VTU stock, go to TipRanks’ Stock Analysis page.