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An announcement from Rightmove ( (GB:RMV) ) is now available.
Rightmove plc has continued its long-running capital return strategy by repurchasing 240,000 of its 0.1p ordinary shares on 8 April 2026 at a volume-weighted average price of 443.024p, with the shares acquired via UBS AG London Branch. The company said the buyback represents 0.0317% of existing voting rights, will be fully cancelled, and is part of a programme under which it has now bought back a cumulative 551,382,729 shares, leaving 757,036,183 ordinary shares in issue and 10,635,168 held in treasury.
The latest transaction slightly reduces Rightmove’s free float and total voting rights, reinforcing a capital allocation policy focused on enhancing earnings per share and returning surplus cash to investors. By steadily shrinking its share count over many years, the group underlines confidence in its cash generation and business model, while offering incremental support to shareholder value in a competitive U.K. online property portal market.
The most recent analyst rating on (GB:RMV) stock is a Hold with a £455.00 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.-based online property portal that provides digital listings and related services for residential and commercial real estate. The company operates a marketplace connecting estate agents, developers and landlords with buyers and renters, generating revenue primarily from advertising and subscription fees in the British housing market.
Average Trading Volume: 4,889,222
Technical Sentiment Signal: Sell
Current Market Cap: £3.22B
See more insights into RMV stock on TipRanks’ Stock Analysis page.