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Rightmove ( (GB:RMV) ) has shared an announcement.
Rightmove plc has continued its longstanding capital management strategy by repurchasing 260,000 of its 0.1p ordinary shares on 16 April 2026 at a volume-weighted average price of 446.165p, with the shares to be cancelled. The transaction, executed via UBS AG London Branch, represents 0.0344% of the company’s prior voting rights and reduces the number of ordinary shares in issue to 755,496,183, while treasury shares stand at 10,635,168.
Since the launch of its share buy-back programme in December 2007, Rightmove has acquired a total of 552,992,729 ordinary shares, underlining management’s sustained use of buy-backs to return capital and enhance earnings per share. The latest purchase marginally concentrates existing investors’ holdings and signals continued confidence in the company’s cash generation and balance sheet strength, reinforcing its shareholder-friendly capital allocation track record.
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 that provides digital platforms for advertising residential and commercial real estate listings. The company’s services connect estate agents, landlords and developers with prospective buyers and renters across the U.K. housing market, making it a key intermediary in property search and marketing.
Average Trading Volume: 4,594,659
Technical Sentiment Signal: Sell
Current Market Cap: £3.29B
See more insights into RMV stock on TipRanks’ Stock Analysis page.