Vertu Motors Executes Share Buyback Plan
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Vertu Motors Executes Share Buyback Plan

Vertu Motors (GB:VTU) has released an update.

Vertu Motors PLC, the fourth largest automotive retailer in the UK, has recently bought back 98,185 of its own shares at prices ranging from 69.5 pence to 70 pence per share. This transaction is part of an ongoing share buyback program announced earlier this year. The repurchased shares will be cancelled, thus reducing the number of shares with voting rights to 334,421,948, and the company plans to make further announcements following additional buybacks.

For further insights into GB:VTU stock, check out TipRanks’ Stock Analysis page.

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