Motorpoint Advances Share Buyback, Cancels Shares
Company Announcements

Motorpoint Advances Share Buyback, Cancels Shares

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group plc has continued its share buyback program, purchasing 61,723 of its own Ordinary Shares at prices ranging from 140.50 to 141.00 GBp per share, with the intention of canceling them. Following the buyback, the number of remaining shares in issue stands at 87,770,271, thereby establishing the new total voting rights count. This action is part of a strategic effort to manage the company’s share capital and may interest shareholders monitoring changes in their ownership stakes.

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

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