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Auto Trader ( (GB:AUTO) ) has issued an update.
Autotrader Group plc has repurchased 760,000 of its own ordinary shares for cancellation on 9 March 2026, at an average price of 483.5960 pence, as part of its ongoing share buyback programme executed through Deutsche Numis. Following this transaction, the company has 831,882,054 ordinary shares in issue, holds 4,446,026 shares in treasury and reports 827,436,028 voting rights outstanding, a change that will affect shareholder disclosure thresholds and signals continued capital-return efforts to investors.
The adjustment in the number of voting rights provides an updated denominator for investors assessing notifiable shareholdings under the FCA’s Disclosure Guidance and Transparency Rules. This move underlines Autotrader’s strategy of using surplus capital to shrink its equity base, which can enhance earnings per share and support its market valuation, while modestly increasing existing shareholders’ proportional ownership.
The most recent analyst rating on (GB:AUTO) stock is a Buy with a £544.00 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 GB:AUTO Stock
According to Spark, TipRanks’ AI Analyst, GB: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 GB:AUTO stock, click here.
More about Auto Trader
Autotrader Group plc operates in the online automotive marketplace industry, providing digital advertising and listing services that connect car buyers with dealerships and other vehicle sellers across the U.K. The company focuses on leveraging its online platform and data capabilities to support used and new vehicle transactions, monetising traffic and leads for its trade customers.
Average Trading Volume: 4,754,714
Technical Sentiment Signal: Sell
Current Market Cap: £4.1B
Find detailed analytics on AUTO stock on TipRanks’ Stock Analysis page.