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Rightmove ( (GB:RMV) ) just unveiled an announcement.
Rightmove plc has continued executing its long-running share buy-back programme, repurchasing 240,000 ordinary shares on 13 April 2026 at a volume-weighted average price of 431.609p through UBS AG’s London branch. The transaction, representing 0.0317% of existing voting rights, will see all the acquired shares cancelled, marginally reducing the company’s share count and enhancing earnings per share for remaining investors.
Since the programme began in 2007, Rightmove has bought back a cumulative 552,142,729 shares, underscoring management’s sustained commitment to returning surplus capital and supporting the stock. Following the latest purchase, the group has 756,276,183 ordinary shares in issue, excluding 10,635,168 shares held in treasury, leaving the free float slightly tighter and reinforcing shareholder-focused capital allocation.
The most recent analyst rating on (GB:RMV) stock is a Hold with a £455.00 price target. To see the full list of analyst forecasts on Rightmove stock, see the GB:RMV Stock Forecast page.
Spark’s Take on 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 U.K.-based online property portal operator, providing digital platforms and data services that connect estate agents, landlords, developers and homebuyers. The company focuses on the residential property market, monetising its leading audience reach and listing inventory through advertising products and subscription fees to agents and property professionals.
Average Trading Volume: 4,653,075
Technical Sentiment Signal: Sell
Current Market Cap: £3.26B
See more insights into RMV stock on TipRanks’ Stock Analysis page.