Rightmove Enhances Shareholder Value with Latest Share Buy-Back

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Rightmove Enhances Shareholder Value with Latest Share Buy-Back

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 programme, with the shares acquired at an average price of 693.671p each. This transaction represents 0.0211% of the voting rights and the purchased shares will be cancelled, reflecting Rightmove’s continued strategy to manage its capital structure and return value to shareholders.

More about Rightmove

Rightmove plc operates in the real estate industry, primarily offering an online property portal for buying, selling, and renting properties. The company focuses on providing digital solutions for property listings and related services in the UK market.

YTD Price Performance: 8.69%

Average Trading Volume: 1,949,581

Technical Sentiment Signal: Sell

Current Market Cap: £5.38B

See more data about RMV stock on TipRanks’ Stock Analysis page.

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