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Rightmove ( (GB:RMV) ) has issued an update.
Rightmove plc has continued its long-running capital return strategy by repurchasing 210,000 of its 0.1p ordinary shares on 6 March 2026 at a volume-weighted average price of 455.469p, with the shares to be cancelled. The purchase, executed via UBS AG London Branch, represents 0.0276% of existing voting rights and leaves 761,484,727 shares in issue excluding treasury, with 10,682,100 shares held in treasury after an aggregate 546,887,253 shares have been bought back since 2007.
The latest transaction underscores Rightmove’s ongoing use of buy-backs to manage its capital structure and enhance earnings per share for investors. By steadily shrinking its free-float over nearly two decades, the company reinforces shareholder returns while signalling confidence in its cash generation and long-term business prospects within the U.K. online property marketplace.
The most recent analyst rating on (GB:RMV) stock is a Hold with a £488.00 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 connects estate agents, developers and private sellers with homebuyers and renters across the country. Its platform provides residential and commercial listings, market data and advertising services, making it a key digital marketplace for the U.K. housing sector.
Average Trading Volume: 4,525,234
Technical Sentiment Signal: Sell
Current Market Cap: £3.35B
See more data about RMV stock on TipRanks’ Stock Analysis page.