Vertu Motors Enhances Shareholder Value with New Buyback

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

Vertu Motors has executed a share buyback, purchasing 82,488 shares at an average price of 67.0789 pence each, as part of its ongoing strategy to enhance shareholder value. This move is part of a broader initiative that has returned over £33.6 million to shareholders since 2018, reducing the company’s shares in issue by 16%. The latest repurchase will further decrease the total number of shares with voting rights to 333,627,071.

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