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Auto Trader Executes Major Share Buyback
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Auto Trader Executes Major Share Buyback

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

Auto Trader Group plc has announced the acquisition of 209,000 of its own ordinary shares on July 2, 2024, at prices ranging from 794.4000p to 803.8000p per share, with the aim of cancellation. Following this transaction, the total number of voting rights in the company is 896,254,102. The share buyback, executed through Merrill Lynch International, is part of Auto Trader’s buyback program, influencing the company’s share structure and shareholder value.

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

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