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The latest update is out from Vertu Motors ( (GB:VTU) ).
Vertu Motors PLC announced the repurchase of 115,037 ordinary shares as part of its ongoing share buyback program. This initiative, which has returned over £35.1 million to shareholders since 2018, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in issue, aligning with their broader operational focus and market positioning.
More about Vertu Motors
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 198 sales outlets. Established in 2006, the company aims to consolidate the UK motor retail sector through acquisitions and focused organic growth, operating under the Bristol Street Motors and Vertu brand names.
YTD Price Performance: -13.71%
Average Trading Volume: 504,273
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £164.9M
Learn more about VTU stock on TipRanks’ Stock Analysis page.
