Motorpoint (GB:MOTR) has released an update.
Motorpoint Group PLC has recently executed a share buyback, purchasing 13,395 of its own Ordinary Shares at a unit price of 138.50 GBp, which will result in the shares being cancelled. The transaction reduces the total number of Motorpoint’s shares in issue to 87,893,683, thereby also adjusting the total voting rights within the company. This action forms part of a share buyback program announced earlier in the year and reflects an ongoing effort to manage the company’s capital effectively.
For further insights into GB:MOTR stock, check out TipRanks’ Stock Analysis page.
