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Rightmove Extends Long-Running Share Buy-Back With Latest 200,000-Share Purchase

Story Highlights
  • Rightmove repurchased 200,000 shares for cancellation, continuing its buy-back strategy.
  • The latest buy-back lifts cumulative repurchases to 547.7 million shares, trimming capital and supporting returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rightmove Extends Long-Running Share Buy-Back With Latest 200,000-Share Purchase

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The latest update is out from Rightmove ( (GB:RMV) ).

Rightmove plc has continued to execute its long-running capital return strategy by repurchasing 200,000 ordinary shares on 12 March 2026 at a volume-weighted average price of 458.709p, with the shares to be cancelled. The transaction, carried out via UBS AG’s London branch, represents 0.0263% of prior voting rights and brings total buy-backs since the programme began in 2007 to 547.7 million shares, marginally reducing the company’s share count to 760.7 million in issue and 10.7 million held in treasury, and underscoring management’s ongoing focus on balance-sheet efficiency and shareholder returns.

The cumulative reduction in share capital reinforces earnings-per-share support and signals confidence in the group’s cash generation, which may appeal to long-term investors despite only incremental day-to-day changes in free float. By sustaining buy-backs at this scale over many years, Rightmove continues to entrench its position as a mature, cash-generative digital platform able to return surplus funds to shareholders while maintaining operational flexibility in the cyclical U.K. housing and listings market.

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.-listed online property portal operator focused on residential and commercial real estate listings. The company provides digital advertising and search services for estate agents, letting agents and property developers, and plays a central role in the U.K. housing market by connecting sellers, landlords and buyers through its web and mobile platforms.

Average Trading Volume: 4,647,959

Technical Sentiment Signal: Sell

Current Market Cap: £3.47B

For a thorough assessment of RMV stock, go to TipRanks’ Stock Analysis page.

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