Vertu Motors (GB:VTU) has released an update.
Vertu Motors PLC, a major UK automotive retailer, has executed a share repurchase, buying back 159,423 ordinary shares on 25 July 2024 as part of its ongoing buyback program announced earlier in May. The shares were bought at prices ranging from 72.6 to 73.5 pence, resulting in a volume-weighted average price of 73.2234 pence per share. Following the repurchase, the company plans to cancel the acquired shares, which will alter the total number of shares with voting rights available to shareholders.
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