Vertu Motors Strengthens Position with Share Buyback

Vertu Motors (GB:VTU) has released an update.

Vertu Motors PLC has continued its strategic share buyback program by purchasing 57,500 of its own shares, further reducing the company’s shares in issue by 16.1% since the initiative began in 2018. This move, reflecting a return of over £33.9 million to shareholders, underscores Vertu’s commitment to enhancing shareholder value amidst ongoing market operations. Investors may find this development indicative of the company’s confidence in its financial health and future growth prospects.

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