Motorpoint Group plc (GB:MOTR) has released an update.
Motorpoint Group plc has executed a share buyback as part of its programme announced earlier this year, purchasing 15,000 Ordinary Shares at a price of 136 GBp per share, with the intention to cancel the acquired shares. This transaction reduces the number of Ordinary Shares in issue to 89,627,165, thereby adjusting the total voting rights within the company. The move is part of Motorpoint’s strategy to manage its capital structure and deliver value to shareholders.
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