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Motorpoint Executes Share Buyback, Reduces Shares
Company Announcements

Motorpoint Executes Share Buyback, Reduces Shares

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group plc has successfully completed a share buyback transaction, purchasing 20,786 of its Ordinary Shares at a unit price of 141 GBp, as part of the ongoing Share Buyback Programme initiated earlier this year. These shares will be subsequently cancelled, reducing the total number of shares in issue to 88,785,044 and this count will be used by shareholders for voting rights calculations. The buyback was conducted through Numis Securities Limited, with detailed transaction information provided as per regulatory requirements.

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

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