Rightmove (GB:RMV) has released an update.
Rightmove plc has actively pursued its share buy-back programme, recently purchasing 200,000 of its own shares at prices ranging from 533.200p to 541.200p, resulting in a slight reduction in the total number of ordinary shares in issue. These shares, representing a minuscule 0.0253% of the voting rights, will be cancelled, continuing a long-term strategy to buy back shares that started in 2007. The company’s treasury now holds over 11 million shares post-transaction.
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