Rightmove (GB:RMV) has released an update.
Rightmove plc has strategically repurchased 110,000 of its own shares, signaling confidence in the company’s value and potentially boosting shareholder value through this buy-back programme. The acquired shares, representing a minor 0.0139% of the voting rights, were bought at prices ranging from 548.20p to 560.00p and will be subsequently cancelled. The company’s history of buy-backs since 2007 totals over 514 million shares, underscoring its consistent approach to capital management.
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