Auto Trader (GB:AUTO) has released an update.
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Auto Trader Group plc has actively engaged in a share buyback program, purchasing 170,000 of its own ordinary shares for cancellation, with prices ranging between 698.4000p to 705.2000p per share. This transaction has left the company with 905,003,190 shares in issue and 4,878,846 shares held in treasury. The buyback is part of Auto Trader’s strategy to manage its capital and return value to shareholders, with the company’s total number of voting rights now standing at 900,124,344.
For further insights into GB:AUTO stock, check out TipRanks’ Stock Analysis page.
