Vertu Motors (GB:VTU) has released an update.
Vertu Motors PLC, a major UK automotive retailer, has announced the repurchase of 134,768 of its own shares as part of its ongoing buyback program, with the intention to cancel these shares. This transaction, executed on the 30th of July, 2024, will reduce the total number of shares with voting rights, potentially impacting shareholders’ notification requirements. The company plans to continue its buyback program, with further details to be revealed in future announcements.
For further insights into GB:VTU stock, check out TipRanks’ Stock Analysis page.