Motorpoint (GB:MOTR) has released an update.
Motorpoint Group plc has successfully executed a share buyback as part of its previously announced programme, purchasing 10,089 of its own Ordinary Shares at prices ranging from 142 to 143 GBp per share. Post-buyback, the company will cancel the acquired shares, reducing the total number of Ordinary Shares in issue to 88,826,737 and maintaining the total voting rights at the same count. This action reflects Motorpoint’s ongoing efforts to manage its capital and potentially increase shareholder value.
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