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Rightmove ( (GB:RMV) ) has shared an update.
Rightmove plc has continued its long-running capital return strategy by repurchasing 200,000 ordinary shares on 20 March 2026 at a volume-weighted average price of 435.908p, with the shares to be cancelled rather than held in treasury. The transaction, executed through UBS AG London Branch, represents 0.0263% of voting rights before the buyback and leaves 759,514,633 ordinary shares in issue, alongside 10,642,194 treasury shares.
The latest purchase brings the total number of shares bought back since the programme began in December 2007 to 548,897,253, underlining management’s ongoing use of buybacks as a tool to manage capital structure and enhance earnings per share. For shareholders, the continued reduction in free-float equity reinforces Rightmove’s confidence in its cash generation and market position, while modestly increasing the ownership stake of remaining investors.
The most recent analyst rating on (GB:RMV) stock is a Sell with a £489.00 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 UK-based online property portal that connects estate agents, landlords and developers with prospective homebuyers and renters through digital listings and related advertising services. The company focuses on the UK residential property market, monetising its high-traffic platform through subscription fees and marketing products sold primarily to professional property advertisers.
Average Trading Volume: 4,359,508
Technical Sentiment Signal: Sell
Current Market Cap: £3.32B
Find detailed analytics on RMV stock on TipRanks’ Stock Analysis page.