Auto Trader Executes Major Share Buyback
Company Announcements

Auto Trader Executes Major Share Buyback

Auto Trader (GB:AUTO) has released an update.

Auto Trader Group plc has engaged in a share buyback program, purchasing 208,000 shares on July 1, 2024, with individual share prices ranging from 796.8000p to 808.8000p. Following the buyback, the total number of shares in issue and treasury stands at 901,102,255 and 4,691,766 respectively, leaving 896,410,489 shares with voting rights. The transactions, executed through Merrill Lynch International, are part of the company’s strategy to manage share capital effectively.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskAuto Trader’s Robust Growth and Financial Success in 2024
TipRanks UK Auto-Generated NewsdeskBaillie Gifford Adjusts Stake in Auto Trader
TipRanks UK Auto-Generated NewsdeskAuto Trader to Unveil Half-Year Financials
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App