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.
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