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Auto Trader ( (GB:AUTO) ) has provided an announcement.
Auto Trader Group plc announced the purchase of 260,000 of its ordinary shares for cancellation, executed through Deutsche Numis at an average price of 781.7983p per share. This transaction reduces the company’s outstanding shares, potentially enhancing shareholder value and reflecting strategic financial management, which may influence its market position and shareholder interests.
More about Auto Trader
Auto Trader Group plc operates in the automotive industry, focusing primarily on digital automotive marketplace services. It provides a platform for buying and selling vehicles, connecting buyers with sellers across the UK market.
YTD Price Performance: -2.60%
Average Trading Volume: 2,442,918
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.83B
Find detailed analytics on AUTO stock on TipRanks’ Stock Analysis page.
