An update from Rightmove ( (GB:RMV) ) is now available.
Rightmove plc announced the purchase of 137,446 of its ordinary shares as part of its ongoing share buy-back program, with shares acquired at an average price of 688.048p. This transaction represents a small fraction of the total voting rights and continues the company’s long-term strategy of share repurchases, which has seen over 527 million shares bought back 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, and real estate professionals. The company focuses on providing a comprehensive platform for property listings and related services, catering to the UK market.
YTD Price Performance: 7.20%
Average Trading Volume: 2,003,574
Technical Sentiment Signal: Sell
Current Market Cap: £5.35B
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