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

Rightmove ( (GB:RMV) ) just unveiled an update.

Rightmove plc has continued its long-running capital return strategy by repurchasing 200,000 ordinary shares on 16 March 2026 at a volume-weighted average price of 451.055p, with prices ranging between 446.900p and 464.500p. The transaction, executed via UBS AG London Branch and representing 0.0263% of prior voting rights, will see all the bought-back shares cancelled, marginally reducing the company’s share capital.

Following this latest purchase, Rightmove has bought back a cumulative 548,097,253 shares since the launch of its buy-back programme in December 2007, underscoring its sustained focus on returning cash to shareholders and managing its capital structure. The company now has 760,288,901 ordinary shares in issue excluding treasury, and holds a further 10,667,926 shares in treasury, a configuration that may support earnings per share metrics and signal confidence in its long-term prospects to investors.

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 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 UK-based online property portal that connects estate agents, landlords, homebuyers and renters through its digital advertising and listings platform. It operates in the residential and commercial real estate markets, monetising its audience and data through subscription and advertising services aimed at property professionals and related sectors.

Average Trading Volume: 4,551,925

Technical Sentiment Signal: Sell

Current Market Cap: £3.51B

Learn more about RMV stock on TipRanks’ Stock Analysis page.