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Auto Trader ( (GB:AUTO) ) has issued an announcement.
Auto Trader Group plc, a prominent player in the automotive industry, announced the repurchase of 270,000 of its ordinary shares for cancellation at an average price of 774.3441 pence per share. This transaction is part of the company’s ongoing share buyback program, demonstrating its commitment to returning value to shareholders and potentially indicating confidence in its financial stability. Following the buyback, the total number of voting rights in the company stands at 888,799,739, which shareholders can use to determine their interest in the company under the FCA’s guidelines.
More about Auto Trader
YTD Price Performance: -3.20%
Average Trading Volume: 2,333,532
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.88B
See more data about AUTO stock on TipRanks’ Stock Analysis page.
