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Auto Trader Group Announces Share Buyback for Cancellation

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Auto Trader Group Announces Share Buyback for Cancellation

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

Auto Trader Group plc, a company engaged in the automotive trading industry, announced the repurchase of 350,000 of its ordinary shares on February 10, 2025, for cancellation. This transaction, executed through Deutsche Numis, was part of a buyback program with an average share price of 781.8379p. Following this buyback, the company has a total of 884,064,686 voting rights in issue. This move could potentially affect shareholders by altering the number of shares available and the overall voting rights, impacting their stake and influence in company decisions.

More about Auto Trader

YTD Price Performance: -1.74%

Average Trading Volume: 2,723,532

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £6.86B

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

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