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Auto Trader Executes Share Buyback to Adjust Share Capital

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Auto Trader Executes Share Buyback to Adjust Share Capital

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Auto Trader ( (GB:AUTO) ) just unveiled an announcement.

On January 23, 2025, Auto Trader Group plc announced the repurchase of 310,000 of its ordinary shares for cancellation at an average price of 783.1354p per share. This buyback reduces the total shares in issue to 891,885,966 and voting rights to 887,136,288, potentially impacting shareholder voting dynamics and stock market perceptions.

More about Auto Trader

Auto Trader Group plc operates in the automotive industry, primarily providing a platform for automotive sales and purchases. It focuses on digital marketplaces for new and used cars, facilitating transactions for both consumers and dealers.

YTD Price Performance: 0.19%

Average Trading Volume: 2,449,507

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £7.02B

Learn more about AUTO stock on TipRanks’ Stock Analysis page.

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