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The latest announcement is out from Vertu Motors ( (GB:VTU) ).
Vertu Motors has repurchased 46,000 ordinary shares as part of its ongoing share buyback program, reducing the total shares with voting rights to 331,512,715. Since 2018, the company has returned over £34.9m to shareholders, decreasing its shares in issue by 16.6%, demonstrating a strong commitment to shareholder value and financial efficiency.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating 198 sales outlets under brands like Bristol Street Motors, Vertu, and Macklin Motors. Established in 2006, the company aims to consolidate the UK motor retail sector through both acquisitions and organic growth, focusing on efficiency across its 195 franchised and 3 non-franchised sales operations.
YTD Price Performance: -5.25%
Average Trading Volume: 555,857
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £175.4M
See more data about VTU stock on TipRanks’ Stock Analysis page.
