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Auto Trader ( (GB:AUTO) ) has issued an update.
Auto Trader Group plc has announced a share buyback, purchasing 250,000 ordinary shares for cancellation at an average price of 793.0055p per share. This transaction reduces the total number of shares in issue, potentially increasing shareholder value and indicating a strong financial position for the company.
More about Auto Trader
Auto Trader Group plc operates in the automotive industry, providing a digital marketplace for buying and selling new and used cars. The company focuses on connecting car buyers and sellers through its online platform.
YTD Price Performance: -0.82%
Average Trading Volume: 2,587,364
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.93B
For detailed information about AUTO stock, go to TipRanks’ Stock Analysis page.
