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Auto Trader Announces Share Buyback Program

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Auto Trader Announces Share Buyback Program

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Auto Trader ( (GB:AUTO) ) just unveiled an update.

Auto Trader Group plc has announced the repurchase of 210,000 of its ordinary shares for cancellation, at an average price of 784.2581p per share. This move is part of a buyback program that impacts the total number of voting rights, potentially affecting shareholder interests and the company’s stock market positioning.

More about Auto Trader

Auto Trader Group plc operates within the automotive industry, providing an online platform for buying and selling vehicles. The company focuses on enhancing the vehicle buying and selling experience through its digital marketplace, which connects buyers and sellers in the automotive sector.

YTD Price Performance: -1.03%

Average Trading Volume: 2,811,522

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £6.9B

See more insights into AUTO stock on TipRanks’ Stock Analysis page.

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