Vertu Motors (GB:VTU) has released an update.
Vertu Motors PLC, a major UK automotive retailer, has just completed the purchase of 109,395 of its own ordinary shares as part of a previously announced share buyback program, with the transaction taking place on the London Stock Exchange at prices ranging between 72.4 pence and 73.2 pence per share. The repurchased shares are set to be cancelled, which will reduce the total number of voting shares, affecting shareholder percentages. Further announcements are expected as the buyback program progresses.
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