Rightmove plc Advances Share Buy-Back Program with New Purchase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2024
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Source: Business Insider
Rightmove Share Buy-Back: Rightmove plc has completed a share buy-back of 225,000 ordinary shares at an average price of 676.718p per share, as part of a program initiated in December 2007 aimed at reducing the number of shares and supporting stock prices.
Company Overview: Rightmove operates in the online real estate sector in the UK, providing property listing services and connecting buyers, sellers, and renters, with a current market cap of £5.33B and a year-to-date price performance of 20.47%.
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.
