Rightmove (GB:RMV) has released an update.
Rightmove plc has actively engaged in its ongoing share buy-back program, purchasing 110,000 ordinary shares at an average price of 536.034p, with the highest at 541.600p and the lowest at 531.400p. These shares, representing a minor 0.0139% of voting rights, will be cancelled, following Rightmove’s long-term strategy since December 2007, which has resulted in over half a billion shares bought back to date. The overall share count post the recent buy-back stands at 793,715,453, excluding shares held as treasury stock.
For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.