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Rightmove ( (GB:RMV) ) has shared an announcement.
Rightmove plc has continued its long-running capital return strategy by repurchasing 260,000 ordinary shares on 15 April 2026 at a volume-weighted average price of 437.770p, with the shares to be cancelled. The transaction, executed through UBS AG London Branch, represents 0.0344% of prior voting rights and reduces the number of ordinary shares in issue to 755,756,183, alongside 10,635,168 shares held in treasury, further concentrating equity for remaining shareholders.
Since launching its share buy-back programme in December 2007, Rightmove has acquired a cumulative 552,662,729 ordinary shares, underscoring a sustained commitment to returning surplus capital and managing its share base. The continued buy-backs support earnings per share accretion and signal management’s confidence in the company’s long-term prospects within the UK online property marketplace, which may be viewed positively by investors seeking capital discipline and predictable shareholder returns.
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 UK-based online property portal operating in the real estate and housing market, providing digital listings and related services for home buyers, renters and estate agents. The company focuses on leveraging its platform scale to connect consumers with residential properties and underpinning transactions across the UK housing sector.
Average Trading Volume: 4,603,151
Technical Sentiment Signal: Sell
Current Market Cap: £3.28B
For a thorough assessment of RMV stock, go to TipRanks’ Stock Analysis page.