Rightmove ( (GB:RMV) ) has provided an announcement.
Rightmove plc announced the purchase of 165,000 of its ordinary shares as part of its ongoing share buy-back program, with shares bought at an average price of 684.275p. This transaction represents a small fraction of the company’s total voting rights, and the purchased shares will be canceled, reflecting Rightmove’s strategy to enhance shareholder value and manage its capital structure effectively.
More about Rightmove
Rightmove plc operates in the real estate industry, primarily providing an online property portal for buying, selling, and renting properties. The company focuses on the UK market, offering digital services to real estate agents, landlords, and potential buyers or renters.
YTD Price Performance: 6.33%
Average Trading Volume: 2,052,524
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.32B
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