Vertu Motors (GB:VTU) has released an update.
Vertu Motors PLC has announced the purchase of 23,916 of its own ordinary shares on 16 July 2024, at a uniform price of 73.5 pence per share, as part of an ongoing share buyback programme initiated on 15 May 2024. These repurchased shares are set to be cancelled, reducing the total number of voting rights shares to 336,788,821. This move comes as part of the company’s growth strategy, which includes both acquisitions and organic expansion across its UK dealership network.
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