Vertu Motors Boosts Shareholder Value with Buyback

Vertu Motors (GB:VTU) has released an update.

Vertu Motors has repurchased over 153,000 of its own shares as part of its ongoing buyback program, which has returned more than £34.2 million to shareholders since 2018. This move reduces the company’s shares in issue by 16.2%, signaling a strong commitment to enhancing shareholder value. The buyback was executed through Stifel Nicolaus Europe Limited, with shares purchased at an average price of 59.8 pence.

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