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Rightmove ( (GB:RMV) ) has provided an announcement.
Rightmove plc has continued its longstanding capital return strategy by repurchasing 260,000 of its 0.1p ordinary shares on 15 May 2026 at a volume-weighted average price of 398.949p through UBS AG London Branch. The shares, representing 0.0346% of prior voting rights, will be cancelled, reducing the total number of ordinary shares in issue to 751,041,083, with 10,627,370 shares held in treasury.
The transaction forms part of Rightmove’s share buy-back programme first launched in December 2007, under which the company has now repurchased an aggregate 557,385,627 shares. The latest cancellation marginally enhances earnings per share and underlines management’s continued preference for using surplus cash to return value to shareholders and manage the group’s capital structure.
The most recent analyst rating on (GB:RMV) stock is a Sell with a £4.55 price target. To see the full list of analyst forecasts on Rightmove stock, see the GB:RMV Stock Forecast page.
Spark’s Take on RMV Stock
According to Spark, TipRanks’ AI Analyst, RMV is a Outperform.
The score is driven primarily by outstanding financial performance (high margins, strong free cash flow, low leverage) and a supportive earnings outlook with continued capital returns. These positives are tempered by weak technical trends (below key longer-term moving averages with negative MACD) and only moderate valuation support (P/E ~15.9, ~2.27% yield).
To see Spark’s full report on RMV stock, click here.
More about Rightmove
Rightmove plc is a U.K.-based online property portal that provides digital platforms and data services connecting estate agents, landlords, homebuyers, and renters. The company focuses on the residential property market, monetizing its leading web traffic and listings through advertising and subscription fees from professional property advertisers.
Average Trading Volume: 4,366,209
Technical Sentiment Signal: Sell
Current Market Cap: £3.06B
For a thorough assessment of RMV stock, go to TipRanks’ Stock Analysis page.