Vertu Motors ( (GB:VTU) ) has shared an update.
Vertu Motors PLC announced the repurchase of 70,000 ordinary shares as part of its ongoing share buyback program, initiated in February 2025. This move is part of a broader strategy that has returned over £36.4 million to shareholders since 2018, reducing the company’s shares in issue by 17.3%, which could impact shareholder calculations under FCA rules.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating a network of 200 sales outlets predominantly under the Bristol Street Motors and Vertu brand names. Established in November 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: -11.51%
Average Trading Volume: 475,343
Technical Sentiment Signal: Buy
Current Market Cap: £172.2M
For detailed information about VTU stock, go to TipRanks’ Stock Analysis page.