Rightmove (GB:RMV) has released an update.
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Rightmove plc has executed a share buyback, purchasing 110,000 of its ordinary shares at an average price of 661.287p, as part of its ongoing program. These shares, representing a small fraction of the total voting rights, will be cancelled, reducing the number of shares in issue. This move reflects Rightmove’s strategy to enhance shareholder value by reducing outstanding shares.
For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.
