Rightmove Executes Share Buy-Back to Enhance Shareholder Value

Story Highlights
Rightmove Executes Share Buy-Back to Enhance Shareholder Value

Rightmove ( (GB:RMV) ) has shared an update.

Rightmove plc has executed a share buy-back program, purchasing 165,000 of its ordinary shares at an average price of 676.457p per share. This transaction represents 0.0211% of the company’s total voting rights and is part of an ongoing initiative since 2007, aimed at reducing the number of shares in circulation to potentially enhance shareholder value.

More about Rightmove

Rightmove plc operates in the real estate industry, providing an online property portal that offers a platform for property listings and real estate services. The company focuses on connecting property buyers, sellers, and agents in the UK market.

YTD Price Performance: 3.71%

Average Trading Volume: 2,092,294

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £5.17B

For a thorough assessment of RMV stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App