Vertu Motors Executes Share Buyback Strategy

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

Vertu Motors PLC, the UK’s fourth largest automotive retailer, has recently bought back 70,441 of its own shares on 12 August 2024, as part of its share buyback programme announced earlier in May. The shares were acquired at prices ranging from 69.2 to 69.5 pence, resulting in a volume-weighted average price of 69.3378 pence. Following the cancellation of the repurchased shares, Vertu Motors’ total number of shares with voting rights will be reduced to 334,906,166.

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