Rightmove plc Advances with Share Buyback Program

Rightmove (GB:RMV) has released an update.

Rightmove plc has continued its long-standing share buyback program by purchasing 65,000 of its own shares, representing a minor portion of its voting rights. The shares were bought at an average price of 620.992p each and will be cancelled, reducing the total number of ordinary shares in issue. This strategic move is part of Rightmove’s ongoing efforts to manage its capital structure effectively.

For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.