Rightmove (GB:RMV) has released an update.
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Rightmove plc has strategically repurchased 110,000 of its own shares, with individual share prices ranging between 520.800p and 540.400p, as part of its ongoing share buy-back programme initiated in 2007. Post-purchase, these shares are set to be cancelled, reflecting a minor yet noteworthy contraction in the company’s share capital. Notably, this buy-back venture has cumulatively seen Rightmove reclaim over half a billion of its shares to date.
For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.
