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Motorpoint Group Executes Share Buyback
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Motorpoint Group Executes Share Buyback

Motorpoint Group plc (GB:MOTR) has released an update.

Motorpoint Group plc, a prominent player in the automotive industry, has recently completed a share buyback, acquiring 15,010 of its own Ordinary Shares at a uniform price of 139.50 GBp each. Following this transaction, the company has announced the cancellation of the purchased shares, resulting in a revised total of 89,577,342 Ordinary Shares and equivalent voting rights in circulation. This buyback forms part of a previously announced program designed to optimize shareholder value.

For further insights into GB:MOTR stock, check out TipRanks’ Stock Analysis page.

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