Rightmove (GB:RMV) has released an update.
Rightmove plc has continued its share buy-back program, acquiring 110,000 of its own shares at prices ranging from 549.400p to 554.400p, with the intention to cancel these shares. This latest purchase is a fraction of their total buy-backs since 2007, which now total over 514 million shares, leaving the company with just over 793 million shares. These buy-backs indicate Rightmove’s ongoing strategy to return value to shareholders and manage its capital structure effectively.
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