Rightmove ( (GB:RMV) ) has issued an announcement.
Rightmove plc announced the purchase of 160,000 of its own shares as part of its ongoing share buy-back program. This transaction, executed through UBS AG London Branch, represents 0.0205% of the voting rights of the company’s total ordinary shares. The shares will be cancelled, continuing Rightmove’s strategy to manage its capital structure and return value to shareholders.
More about Rightmove
Rightmove plc operates in the real estate industry, primarily providing an online property portal where users can search for properties for sale and rent. The company focuses on offering digital advertising services to estate agents, letting agents, and new home developers in the UK market.
YTD Price Performance: 9.60%
Average Trading Volume: 1,997,398
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.47B
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