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 executed a share buyback, purchasing 35,000 Ordinary Shares at prices ranging from 140 to 141 GBp per share, with a volume weighted average price of 140.2857 GBp. The shares acquired will be cancelled, reducing the total number of shares in issue to 87,959,221 and thus the total voting rights. This action follows the company’s announcement of the Share Buyback Programme on 26 January 2024.

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

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