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Rightmove ( (GB:RMV) ) has shared an announcement.
Rightmove plc has continued executing its long-running share buy-back programme, repurchasing 240,000 ordinary shares on 8 May 2026 at a volume-weighted average price of 426.053p, with the shares to be cancelled. The latest transaction, conducted via UBS AG’s London branch and representing 0.0319% of existing voting rights, brings the total number of shares repurchased since the programme began in 2007 to 556.1 million and leaves 752.3 million ordinary shares in issue, potentially enhancing earnings per share and capital returns for investors.
Following this latest buy-back, Rightmove now holds 10.6 million shares in treasury while maintaining compliance with U.K. market abuse regulations governing such transactions. The sustained scale of the programme underlines the company’s ongoing strategy of returning surplus capital to shareholders and signals management’s confidence in the business, reinforcing its financial discipline in a mature, cash-generative online property marketplace.
The most recent analyst rating on (GB:RMV) stock is a Sell with a £495.00 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 operates in the online real estate sector, running one of the U.K.’s leading property listing platforms that connects estate agents, landlords and homebuyers. The company’s primary services include digital property advertising and data-driven tools for the residential housing market, with a strong focus on maintaining a dominant position in online property search and advertising.
Average Trading Volume: 4,631,158
Technical Sentiment Signal: Sell
Current Market Cap: £3.21B
See more data about RMV stock on TipRanks’ Stock Analysis page.