Rightmove (GB:RMV) has released an update.
Rightmove plc has furthered its share buy-back programme by purchasing 75,000 of its own shares at a weighted average price of 622.854p, with the intention to cancel these shares. This recent acquisition represents a minor 0.0095% of the company’s voting rights, contributing to the total of over 519 million shares bought back since the programme’s initiation in 2007. The buy-back move reflects Rightmove’s ongoing strategy to manage its share capital actively.
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