Motorpoint Advances Share Buyback Program

Motorpoint (GB:MOTR) has released an update.

Motorpoint Group PLC has executed a share buyback, purchasing 5,001 Ordinary Shares at a price of 141 GBp per share on May 31, 2024, as part of its ongoing buyback program. These shares will be subsequently cancelled, reducing the total number of shares in issue to 88,847,350, which also represents the total voting rights in the company. This action is in line with the company’s previously announced Share Buyback Programme and follows regulatory disclosure guidelines.

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

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