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Rightmove ( (GB:RMV) ) has shared an announcement.
Rightmove plc has announced a purchase of 225,000 of its ordinary shares as part of its ongoing share buy-back program. This transaction is a continuation of a strategy initiated in 2007, and the purchased shares will be cancelled, slightly adjusting the company’s total voting shares and possibly impacting shareholder value.
More about Rightmove
Rightmove plc operates in the real estate industry, providing an online property portal for buying, selling, and renting properties in the UK. It focuses on offering digital real estate services to consumers and professionals in the property market.
YTD Price Performance: 19.73%
Average Trading Volume: 2,715,857
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.3B
See more insights into RMV stock on TipRanks’ Stock Analysis page.
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