Rightmove (GB:RMV) has released an update.
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Rightmove plc has repurchased 110,000 of its ordinary shares at an average price of 634.651p as part of its ongoing share buy-back program. These shares, representing 0.0140% of the company’s voting rights, will be cancelled, potentially increasing the value of remaining shares. This strategic move reflects Rightmove’s efforts to manage its capital structure and enhance shareholder value.
For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.
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