Auto Trader (GB:AUTO) has released an update.
Auto Trader Group plc has actively purchased 245,000 of its own shares for cancellation, with prices ranging from 802.8000p to 815.2000p per share. The transaction, executed through Merrill Lynch International on July 8, 2024, leaves the company with 900,443,255 shares in issue and reduces the total number of voting rights to 895,857,576. This buyback is part of a strategy that shareholders should note for potential impacts on share value and voting power.
For further insights into GB:AUTO stock, check out TipRanks’ Stock Analysis page.
