Rightmove ( (GB:RMV) ) has issued an update.
Rightmove plc announced the purchase of 150,000 of its own shares as part of an ongoing share buy-back program, with the shares acquired at an average price of 688.048p. This transaction represents a continuation of their long-term strategy to return value to shareholders, having repurchased over 527 million shares since 2007, thereby reducing the number of shares in circulation and potentially increasing the value of remaining shares.
More about Rightmove
Rightmove plc operates in the real estate industry, primarily providing an online property portal for buying, selling, and renting properties in the UK. The company focuses on offering digital solutions to connect property seekers with real estate agents and developers.
YTD Price Performance: 7.42%
Average Trading Volume: 1,969,425
Technical Sentiment Signal: Sell
Current Market Cap: £5.36B
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