Motorpoint Group Confirms Share Buyback Progress

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group plc, a major player in the automotive industry, has actively pursued its share buyback program by acquiring 18,536 of its own ordinary shares at a uniform price of 142.50 GBp per share, signaling confidence in its stock value. These shares will be subsequently cancelled, reducing the total number of outstanding shares and voting rights to 86,892,602. Shareholders are advised that this new figure is the base for any changes they need to declare in their company interest.

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