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Rightmove Continues Share Buy-Back Strategy

Rightmove Continues Share Buy-Back Strategy

Rightmove Plc (UK) (GB:RMV) has released an update.

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Rightmove Plc has actively engaged in its share buy-back programme, purchasing an additional 175,000 ordinary shares, which will be cancelled to enhance shareholder value. The shares were bought at varying prices with the highest at 510.000p and the lowest at 504.200p, through UBS AG London Branch. This latest acquisition forms part of the long-term buy-back strategy initiated in 2007, bringing the total number of shares bought back to over 511 million.

For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.

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