Motorpoint (GB:MOTR) has released an update.
Motorpoint Group PLC has actively purchased 22,587 of its own Ordinary Shares as part of its share buyback programme, with shares bought at prices ranging from 141.00 to 141.50 GBp. These shares will subsequently be cancelled, which will leave the total number of voting rights in the company at 88,437,039. The buyback signals a potential strategic move to enhance shareholder value and could impact the company’s stock market performance.
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