Vertu Motors (GB:VTU) has released an update.
Vertu Motors PLC, a major UK automotive retailer, has announced the repurchase of 171,554 of its ordinary shares on July 17, 2024, as part of its ongoing share buyback program. The transaction took place at a uniform price of 73.9767 pence per share, and these shares will be subsequently cancelled to adjust the total number of voting rights. The company, which operates under several brand names including Bristol Street Motors and Macklin Motors, has a strategy of growth through acquisitions and operational efficiencies.
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