Vertu Motors (GB:VTU) has released an update.
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Vertu Motors PLC has repurchased 138,699 ordinary shares as part of its ongoing share buyback program, which has returned over £34 million to shareholders since 2018. This move reduces the company’s shares in issue by 16.2% and reflects its strategic effort to consolidate the UK motor retail sector. Investors may find this activity indicative of Vertu Motors’ commitment to enhancing shareholder value.
For further insights into GB:VTU stock, check out TipRanks’ Stock Analysis page.
