Motorpoint Group plc (GB:MOTR) has released an update.
Motorpoint Group plc, a prominent automotive retailer, has successfully completed a share buyback operation, purchasing 34,813 Ordinary Shares at prices ranging from 135.50 to 137.00 GBp. The shares acquired will be cancelled, reducing the total number of Ordinary Shares in issue to 89,592,352 and thereby adjusting the total voting rights. This strategic move aligns with the company’s previously announced Share Buyback Programme and reflects their ongoing efforts to manage their capital effectively.
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