Rightmove Enhances Shareholder Value with Buy-Back
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
0mins
Source: Business Insider
Rightmove Share Buyback: Rightmove plc has purchased 68,102 of its own shares at an average price of 646.707p as part of a buy-back program aimed at enhancing shareholder value.
Impact on Shares: The bought shares will be cancelled, leading to a reduction in the total number of shares in circulation, which represents a small portion of the company's voting rights.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
