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Auto Trader Executes Share Buyback Strategy

Auto Trader Executes Share Buyback Strategy

Auto Trader (GB:AUTO) has released an update.

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Auto Trader Group plc has actively bought back 250,000 of its own shares for cancellation, impacting the company’s total number of voting rights which now stands at 895,610,353. The transactions, executed through Merrill Lynch International, took place on July 9, 2024, with prices ranging from 801.6000p to 809.0000p per share. This share repurchase reflects the company’s ongoing strategy to manage its capital and deliver value to shareholders.

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

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