Rightmove ( (GB:RMV) ) just unveiled an update.
Rightmove plc announced the purchase of 165,000 of its ordinary shares as part of its ongoing share buy-back program, with shares bought at an average price of 680.816p. This transaction represents a small fraction of the company’s total voting rights and continues a long-term strategy initiated in 2007, which has seen the company repurchase over 525 million shares to date, potentially enhancing shareholder value and market confidence.
More about Rightmove
Rightmove plc is a leading company in the real estate industry, primarily offering online property listings and related services. The company focuses on providing a digital platform for property buyers, sellers, and real estate agents in the UK market.
YTD Price Performance: 5.95%
Average Trading Volume: 2,086,023
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.31B
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