Rightmove Enhances Shareholder Value with Share Buy-Back

Rightmove (GB:RMV) has released an update.

Rightmove plc has announced the purchase of 70,300 of its ordinary shares at an average price of 593.965p as part of its ongoing share buy-back program, initiated in 2007. The acquired shares, which account for 0.0089% of the voting rights, will be canceled, contributing to the company’s strategy to enhance shareholder value. This move highlights Rightmove’s commitment to managing its capital structure effectively, an aspect of interest to investors and market watchers.

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