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Motorpoint Group Advances Share Buyback Plan – TipRanks Financial Blog

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

Motorpoint Group plc has actively engaged in its share buyback program, purchasing 30,990 of its own ordinary shares at a uniform price of 141.50 GBp each, which will subsequently be cancelled. Following this transaction, the total number of Motorpoint’s voting rights will be reduced to 89,542,351. This move is part of the company’s strategy to manage capital and may interest shareholders monitoring changes in their stake in the company.

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

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