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Auto Trader Announces Share Buyback and Cancellation

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Auto Trader Announces Share Buyback and Cancellation

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Auto Trader ( (GB:AUTO) ) has issued an announcement.

Auto Trader Group plc announced the purchase and cancellation of 360,000 of its ordinary shares at an average price of 779.1582p per share. This transaction reduces the total number of shares in circulation and modifies the voting rights, potentially impacting shareholder calculations and interests as per FCA’s Disclosure Guidance and Transparency Rules.

More about Auto Trader

Auto Trader Group plc operates in the automotive industry, primarily offering an online marketplace for buying and selling new and used vehicles. The company focuses on connecting buyers and sellers through its digital platform, providing a wide range of automotive listings and related services.

YTD Price Performance: -1.51%

Average Trading Volume: 2,844,747

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £6.9B

For detailed information about AUTO stock, go to TipRanks’ Stock Analysis page.

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