Auto Trader (GB:AUTO) has released an update.
Auto Trader Group plc has actively bought back 170,000 of its own shares, with prices ranging from 691.8000p to 697.0000p per share, through Merrill Lynch International, on April 24, 2024. This repurchase is part of the company’s share buyback program, aimed at reducing the number of shares in issue, now totaling 905,513,190, and increasing the value of remaining shares. Shareholders are to use the updated total of 900,630,268 voting rights as the denominator for disclosure obligations.
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