Vertu Motors (GB:VTU) has released an update.
Vertu Motors PLC, the UK’s fourth largest automotive retailer, has reported the repurchase of 175,660 ordinary shares at 74 pence each as part of its ongoing share buyback program announced earlier in May. The repurchased shares are set to be cancelled, which will reduce the total number of shares with voting rights to 336,882,222. The company’s strategy involves growth through acquisitions and operational efficiencies across its extensive dealership network.
For further insights into GB:VTU stock, check out TipRanks’ Stock Analysis page.
