Vertu Motors (GB:VTU) has released an update.
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Vertu Motors has repurchased 162,787 of its own shares at an average price of 66.1276 pence as part of its ongoing share buyback program, aimed at reducing the number of shares in issue. Since the start of the buyback initiative in 2018, the company has returned over £33.6 million to shareholders and decreased its shares by 16%. This strategic move is part of Vertu’s broader efforts to strengthen shareholder value and optimize its capital structure.
For further insights into GB:VTU stock, check out TipRanks’ Stock Analysis page.
