Auto Trader ( ($GB:AUTO) ) has issued an update.
Auto Trader Group plc announced the purchase and cancellation of 300,000 of its ordinary shares at an average price of 779.5767p per share. This transaction, part of a share buyback program executed through Deutsche Numis, adjusts the company’s total voting rights to 886,486,288. The buyback is expected to impact the company’s capital structure and may influence shareholder value and market perception.
More about Auto Trader
Auto Trader Group plc operates in the automotive industry, specializing in digital automotive marketplace services. The company primarily focuses on providing a platform for buying and selling vehicles, catering to a wide range of customers including individual buyers, sellers, and automotive retailers.
YTD Price Performance: -1.96%
Average Trading Volume: 2,572,775
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.83B
For detailed information about AUTO stock, go to TipRanks’ Stock Analysis page.
