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An update from Vertu Motors ( (GB:VTU) ) is now available.
Vertu Motors PLC has announced the repurchase of 100,000 ordinary shares as part of its ongoing share buyback programme initiated in February 2025. This move is part of a broader strategy that has seen the company return over £35.2 million to shareholders since October 2018, reducing its shares in issue by 16.7%. The cancellation of these shares will adjust the total number of shares with voting rights, impacting shareholder calculations under the FCA’s guidelines.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK, operating a network of 198 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 in its national dealership network.
YTD Price Performance: -13.54%
Average Trading Volume: 513,044
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £161.6M
Learn more about VTU stock on TipRanks’ Stock Analysis page.
