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An announcement from Rightmove ( (GB:RMV) ) is now available.
Rightmove plc has announced the purchase of 110,000 of its ordinary shares as part of its ongoing share buy-back program. This transaction, executed through UBS AG London Branch, represents a small fraction of the company’s total voting rights and will result in the cancellation of the purchased shares, indicating a strategic move to enhance shareholder value.
More about Rightmove
Rightmove plc operates in the real estate industry, providing an online platform for property listings and related services. The company focuses on facilitating property transactions and connecting buyers, sellers, and real estate professionals in the UK market.
YTD Price Performance: 18.88%
Average Trading Volume: 2,728,095
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.26B
Find detailed analytics on RMV stock on TipRanks’ Stock Analysis page.
