Auto Trader (GB:AUTO) has released an update.
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Auto Trader Group plc has announced the buyback of 180,000 of its ordinary shares on 22 April 2024, with prices ranging from 677.4 to 684.8 pence per share. The transaction, executed through Merrill Lynch International, will result in the shares being cancelled, thus affecting the company’s total number of shares and voting rights. Following the buyback, Auto Trader’s issued share capital and treasury shares will total over 900 million shares.
For further insights into GB:AUTO stock, check out TipRanks’ Stock Analysis page.