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Rightmove Advances Share Buy-Back Initiative

Rightmove Advances Share Buy-Back Initiative

Rightmove (GB:RMV) has released an update.

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Rightmove plc has actively continued its share buy-back programme, acquiring an additional 150,000 ordinary shares at prices ranging from 552.200p to 559.800p per share. These shares will be subsequently cancelled, which is part of the company’s long-term strategy to reduce share capital, having bought back over half a billion shares since December 2007. The company’s total issued share capital, excluding treasury shares, is now 789,230,604 with 11,401,687 shares held in treasury.

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