Vertu Motors ( (GB:VTU) ) has provided an announcement.
Vertu Motors PLC announced the purchase of 115,000 ordinary shares as part of its ongoing share buyback program. This transaction, executed on April 3, 2025, aims to reduce the number of shares in issue and has returned over £36.5 million to shareholders since the buyback initiative began in 2018. The cancellation of these shares will adjust the total number of shares with voting rights, impacting shareholder calculations under FCA’s rules.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating a network of 198 sales outlets. Established in 2006, the company aims to consolidate the UK motor retail sector by acquiring motor retail operations and growing a scaled dealership group. Vertu Motors focuses on both acquisition and organic growth strategies to enhance operational efficiencies across its national dealership network.
YTD Price Performance: -14.04%
Average Trading Volume: 487,888
Technical Sentiment Signal: Strong Buy
Current Market Cap: £164M
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