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Auto Trader ( (GB:AUTO) ) has issued an announcement.
Auto Trader Group plc announced the buyback of 280,000 ordinary shares on January 20, 2025, through Deutsche Numis, at an average price of 789.7307 pence per share. This transaction is part of a broader share buyback program aimed at optimizing the company’s capital structure, potentially enhancing shareholder value and adjusting the total number of voting rights to 888,026,288, as per the FCA’s regulations.
More about Auto Trader
Auto Trader Group plc operates in the automotive industry, providing a digital marketplace for buying and selling new and used vehicles. The company focuses on offering a comprehensive range of automotive services including vehicle advertisements, dealership services, and consumer information.
YTD Price Performance: 0.52%
Average Trading Volume: 2,411,959
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.05B
See more insights into AUTO stock on TipRanks’ Stock Analysis page.
