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Auto Trader ( (GB:AUTO) ) has issued an update.
Auto Trader Group plc announced a buyback of 376,750 of its ordinary shares at an average price of 781.4340p per share for cancellation. This transaction is part of the company’s strategy to manage capital structure and return value to shareholders, impacting the total number of voting rights and reflecting a commitment to shareholder interests.
More about Auto Trader
Auto Trader Group plc operates in the automotive industry and is primarily known for its online marketplace platform that facilitates the buying and selling of new and used vehicles. The company is focused on enhancing its digital presence and providing services to automotive retailers and consumers.
YTD Price Performance: -1.08%
Average Trading Volume: 2,832,598
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.86B
For an in-depth examination of AUTO stock, go to TipRanks’ Stock Analysis page.
