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Rightmove plc Continues Share Buyback Momentum

Rightmove plc Continues Share Buyback Momentum

Rightmove (GB:RMV) has released an update.

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Rightmove plc advances its share repurchase strategy with the acquisition of 150,000 ordinary shares at prices ranging between 537.800p and 547.200p. After the buyback, the company will cancel these shares, which represent a minor 0.0190% of the total voting rights, further consolidating shareholders’ value. The ongoing buyback program, initiated in 2007, has cumulatively seen Rightmove purchase over 518 million shares, demonstrating a sustained commitment to returning value to investors.

For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.

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