Rightmove ( (GB:RMV) ) has provided an announcement.
Rightmove plc has announced the purchase of 165,000 of its own shares as part of its ongoing share buy-back program, with the shares acquired at an average price of 676.565p. This transaction represents a small fraction of the company’s total voting rights and is part of a long-term strategy that has seen the company buy back over 526 million shares since 2007, potentially impacting shareholder value and market perception.
More about Rightmove
Rightmove plc operates in the real estate industry, primarily offering an online property portal that connects buyers, sellers, landlords, and tenants. The company focuses on providing a platform for property listings and related services, targeting the UK market.
YTD Price Performance: 5.52%
Average Trading Volume: 2,011,546
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.28B
See more data about RMV stock on TipRanks’ Stock Analysis page.