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Rightmove ( (GB:RMV) ) has issued an update.
Rightmove plc has continued its long-running capital return strategy by repurchasing 200,000 of its 0.1p ordinary shares on 27 March 2026 at a volume-weighted average price of 411.714p, with the shares bought through UBS AG London Branch to be cancelled. The transaction, representing 0.0264% of existing voting rights and bringing total buybacks since 2007 to nearly 550 million shares, reduces the company’s share count to 758,496,659 in issue excluding treasury, and underscores management’s ongoing use of buybacks to enhance capital efficiency and support shareholder value.
The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 758,496,659. Rightmove holds 10,635,168 shares in treasury.
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.-based online property portal that provides digital platforms and listing services for residential and commercial real estate. The company connects estate agents, developers, landlords and home seekers, focusing on the U.K. housing market and related advertising services, and is a constituent of the London-listed real estate and technology sector.
Average Trading Volume: 4,814,949
Technical Sentiment Signal: Sell
Current Market Cap: £3.11B
See more data about RMV stock on TipRanks’ Stock Analysis page.