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Rightmove ( (GB:RMV) ) just unveiled an announcement.
Rightmove plc has continued its long-running capital return strategy by repurchasing 200,000 of its 0.1p ordinary shares on 11 March 2026 at a volume-weighted average price of 459.375p, with the shares bought through UBS AG London Branch. The transaction, representing 0.0263% of prior voting rights, will see the shares cancelled, bringing total buy-backs since the programme began in 2007 to 547,497,253 shares and leaving 760,874,727 ordinary shares in issue, plus 10,682,100 held in treasury, further concentrating equity for remaining shareholders.
The latest buy-back reduces Rightmove’s free float slightly while signalling continued management confidence in the company’s cash generation and long-term prospects. For investors, the cumulative scale of the programme underscores an ongoing focus on capital efficiency and shareholder returns, while slightly increasing earnings per share by shrinking the overall share count.
The most recent analyst rating on (GB:RMV) stock is a Sell with a £521.00 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 listings and marketing services for residential and commercial real estate. The company operates a marketplace connecting estate agents, developers, landlords and homebuyers, and is a leading player in the U.K. property search and advertising market.
Average Trading Volume: 4,650,627
Technical Sentiment Signal: Sell
Current Market Cap: £3.46B
Learn more about RMV stock on TipRanks’ Stock Analysis page.