Motorpoint (GB:MOTR) has released an update.
Motorpoint Group PLC has actively engaged in its share buyback program, purchasing a total of 15,750 Ordinary Shares at prices ranging from 137 to 138 GBp per share, which will subsequently be cancelled. This latest transaction reduces the total number of Ordinary Shares in issue to 87,001,181, all of which carry voting rights. The buyback initiative aims to reduce the company’s share capital and potentially increase the value of remaining shares.
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