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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 reported the buy-back of 190,000 of its own shares at an average price of 519.375p per share, with shares ranging from 514.600p to 525.400p each. Following the repurchase, the shares will be cancelled, and the total number of ordinary shares in issue will be 795,712,345, excluding treasury shares. This action is part of a long-term share buy-back program that began in 2007, under which Rightmove has now bought back over 511 million shares.

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

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