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Vertu Motors ( (GB:VTU) ) has provided an announcement.
Vertu Motors announced the repurchase of 100,000 ordinary shares as part of its ongoing share buyback program, initiated in February 2025. This strategic move, executed through Stifel Nicolaus Europe Limited, aims to enhance shareholder value by reducing the number of shares in issue, following a history of returning over £35.2 million to shareholders since 2018.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating 198 sales outlets primarily under the Bristol Street Motors and Vertu brand names. Established in 2006, the company aims to consolidate the UK motor retail sector through acquisitions and organic growth, focusing on operational efficiencies across its national dealership network.
YTD Price Performance: -13.03%
Average Trading Volume: 527,164
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £166.1M
See more insights into VTU stock on TipRanks’ Stock Analysis page.
