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

Story Highlights
  • Rightmove repurchased 240,000 shares on 1 May 2026 for cancellation, continuing its active capital return strategy.
  • The company has now bought back over 555 million shares since 2007, tightening share count and signalling focus on shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rightmove Extends Long-Running Buy-Back With New Share Repurchase

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An update from Rightmove ( (GB:RMV) ) is now available.

Rightmove has continued its long-running capital return strategy with the repurchase of 240,000 ordinary shares on 1 May 2026 at a volume-weighted average price of 426.793 pence, with the shares bought via UBS AG London Branch and scheduled for cancellation, representing 0.0319% of voting rights prior to the transaction. Following this latest buy-back, the London-listed property portal has cumulatively acquired more than 555 million shares since initiating its programme in 2007, leaving 753,286,083 ordinary shares in issue excluding treasury stock and underscoring management’s ongoing use of share repurchases to optimise its capital structure and support shareholder value.

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 U.K.-listed online property portal operator that provides digital platforms and services for residential and commercial real estate listings. The company focuses on connecting estate agents, landlords, developers and homebuyers across the U.K. property market, monetising its extensive audience through advertising and subscription-based services.

Average Trading Volume: 4,671,516

Technical Sentiment Signal: Sell

Current Market Cap: £3.25B

Find detailed analytics on RMV stock on TipRanks’ Stock Analysis page.

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