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Rightmove Extends Long-Running Buy-Back With Fresh Share Repurchase

Story Highlights
  • Rightmove repurchased 260,000 shares on 14 May 2026, cancelling them and trimming its share count to 751.3 million.
  • The latest buy-back lifts cumulative repurchases to 557.1 million shares, reinforcing Rightmove’s capital-return focus and EPS accretion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rightmove Extends Long-Running Buy-Back With Fresh Share Repurchase

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

Rightmove plc has continued its long-running capital return strategy by repurchasing 260,000 ordinary shares on 14 May 2026 at a volume-weighted average price of 410.203p, with the shares to be cancelled. The transaction, executed via UBS AG London Branch, represents 0.0346% of prior voting rights and reduces the number of ordinary shares in issue to 751,301,083, alongside 10,627,370 shares held in treasury.

The move forms part of a share buy-back programme first launched in December 2007, under which Rightmove has now bought back a cumulative 557,125,627 shares. Ongoing buy-backs underscore management’s focus on capital discipline and shareholder returns, marginally enhancing earnings per share and consolidating existing investors’ ownership stakes without altering the company’s underlying operations.

The most recent analyst rating on (GB:RMV) stock is a Sell with a £4.55 price target. To see the full list of analyst forecasts on Rightmove stock, see the GB:RMV Stock Forecast page.

Spark’s Take on RMV Stock

According to Spark, TipRanks’ AI Analyst, RMV is a Outperform.

The score is driven primarily by outstanding financial performance (high margins, strong free cash flow, low leverage) and a supportive earnings outlook with continued capital returns. These positives are tempered by weak technical trends (below key longer-term moving averages with negative MACD) and only moderate valuation support (P/E ~15.9, ~2.27% yield).

To see Spark’s full report on RMV stock, click here.

More about Rightmove

Rightmove plc is a leading U.K.-based online property portal, providing digital advertising and listing services for estate agents, lettings agents and new-home developers. The company focuses on connecting homebuyers, renters and sellers with property professionals through its web and mobile platforms, making it a key player in the British residential property market.

Average Trading Volume: 4,410,898

Technical Sentiment Signal: Sell

Current Market Cap: £3.09B

For an in-depth examination of RMV stock, go to TipRanks’ Overview page.

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