Rightmove (GB:RMV) has released an update.
Rightmove plc has actively engaged in its share buy-back program, purchasing 110,000 ordinary shares at prices ranging from 560.800p to 568.600p per share through UBS AG London Branch. With this latest buy-back, the company has withdrawn these shares from circulation, thereby reducing the total number of shares in issue (excluding treasury shares) to 792,074,433. This action is part of a long-term buyback strategy that began in December 2007, demonstrating Rightmove’s ongoing commitment to managing its share capital.
For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.