Rightmove (GB:RMV) has released an update.
Rightmove plc has actively repurchased 110,000 of its own shares at prices ranging from 554.000p to 560.400p, through UBS AG London Branch, signaling a move to potentially enhance shareholder value. These shares will be subsequently cancelled, reflecting a minor reduction in the total number of voting rights. Since the inception of its share buy-back programme in 2007, Rightmove has cumulatively bought back over half a billion shares.
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