Rightmove (GB:RMV) has released an update.
Rightmove plc has announced the repurchase of 110,000 of its ordinary shares at an average price of 607.342p each, as part of its ongoing share buy-back program. This move, executed through UBS AG London Branch, represents 0.014% of the company’s total voting rights. The acquired shares will be cancelled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares.
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