Motorpoint (GB:MOTR) has released an update.
Motorpoint Group plc has executed a share buyback, purchasing 25,000 Ordinary Shares at a uniform price of 138 GBp per share, as part of the previously announced Share Buyback Programme. Post-purchase, the company will cancel the acquired shares, resulting in a reduced total of 88,290,177 Ordinary Shares in issue and equal voting rights. The buyback is part of Motorpoint’s strategy to manage its capital and provide value to shareholders.
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