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Rightmove ( (GB:RMV) ) just unveiled an announcement.
Rightmove plc has continued its longstanding capital return strategy by repurchasing 230,000 ordinary shares on 3 March 2026 at a volume-weighted average price of 432.82p, with the shares bought via UBS AG London Branch and subsequently cancelled. Following this latest tranche, the company has retired more than 546 million shares since launching its buy-back programme in 2007, reducing the free float to 762,158,745 shares in issue excluding treasury holdings and signalling ongoing management focus on capital efficiency and shareholder returns.
The latest share purchases represent about 0.0302% of existing voting rights, a modest but ongoing reduction that incrementally boosts earnings per share for remaining investors. Rightmove also maintains 10,683,082 shares in treasury, underlining the scale and persistence of its buy-back activity, which reinforces its financial strength and supports its market positioning as a mature, cash-generative digital property platform.
The most recent analyst rating on (GB:RMV) stock is a Hold with a £488.00 price target. To see the full list of analyst forecasts on Rightmove stock, see the GB:RMV Stock Forecast page.
Spark’s Take on GB:RMV Stock
According to Spark, TipRanks’ AI Analyst, GB: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 GB:RMV stock, click here.
More about Rightmove
Rightmove plc is a U.K.-based online property portal that provides digital advertising and listing services for residential and commercial real estate. The company operates a leading marketplace connecting estate agents, landlords, developers and home seekers, generating revenue primarily from advertising fees and subscription-based listing services.
Average Trading Volume: 4,523,918
Technical Sentiment Signal: Sell
Current Market Cap: £3.37B
For detailed information about RMV stock, go to TipRanks’ Stock Analysis page.