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Rightmove Extends Long-Running Share Buyback With Fresh 200,000-Share Purchase

Story Highlights
  • Rightmove repurchased 200,000 shares, to be cancelled, as part of its ongoing capital return programme.
  • Total buybacks since 2007 now exceed 549 million shares, tightening free float and supporting shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rightmove Extends Long-Running Share Buyback With Fresh 200,000-Share Purchase

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

Rightmove plc has continued its long-running capital return strategy by repurchasing 200,000 ordinary shares on 25 March 2026 at a volume-weighted average price of 421.947p, with the shares acquired through UBS AG London Branch. The buyback, representing 0.0263% of prior voting rights, will see the shares cancelled and leaves 758,896,659 ordinary shares in issue excluding treasury stock, underscoring the company’s ongoing use of share repurchases to manage its capital structure and enhance shareholder returns.

The latest transaction brings the total number of shares bought back since the programme began in December 2007 to 549,522,253, highlighting the scale and persistence of Rightmove’s buy-back activity over nearly two decades. Following this move, the company also retains 10,635,168 shares in treasury, which may provide additional flexibility for future corporate purposes while incrementally increasing earnings per share for existing investors as the free float is reduced.

The most recent analyst rating on (GB:RMV) stock is a Sell with a £489.00 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 is a U.K.-listed online property portal operator, providing digital platforms and services that connect estate agents, landlords, homebuyers and renters. Its core business centres on property listings, market data and advertising services for the residential real estate market, making it a key player in the British online housing search and marketing ecosystem.

Average Trading Volume: 4,887,003

Technical Sentiment Signal: Sell

Current Market Cap: £3.21B

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

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