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Autotrader Reduces Share Count with Latest Buyback Tranche

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Autotrader Reduces Share Count with Latest Buyback Tranche

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Auto Trader ( (GB:AUTO) ) has provided an announcement.

Autotrader Group plc has repurchased 1.56 million of its ordinary shares for cancellation between 7 and 10 April 2026, executing the transactions via Merrill Lynch International at volume-weighted average prices ranging from about 474p to 482p. Following these buybacks, the company has 825,162,432 ordinary shares in issue, holds 4,407,941 in treasury and reports 820,754,491 voting rights, information that will guide shareholders in monitoring and disclosing changes in their holdings under UK transparency rules.

The most recent analyst rating on (GB:AUTO) stock is a Hold with a £526.00 price target. To see the full list of analyst forecasts on Auto Trader stock, see the GB:AUTO Stock Forecast page.

Spark’s Take on AUTO Stock

According to Spark, TipRanks’ AI Analyst, AUTO is a Outperform.

Auto Trader’s strong financial performance and strategic share buybacks are significant positives, supporting a stable outlook. However, weak technical indicators and challenges in certain revenue streams slightly temper the overall score.

To see Spark’s full report on AUTO stock, click here.

More about Auto Trader

Autotrader Group plc operates in the online automotive marketplace, connecting car buyers and sellers through its digital platform. The company’s primary services include classified listings for new and used vehicles and related advertising solutions, with a market focus on facilitating efficient vehicle transactions in the UK automotive sector.

Average Trading Volume: 5,318,244

Technical Sentiment Signal: Sell

Current Market Cap: £3.9B

For a thorough assessment of AUTO stock, go to TipRanks’ Stock Analysis page.

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