Autotrader Reduces Share Capital with Latest Buyback, Alters Voting Rights Base

Tip Ranks
2026.05.11 10:05
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Autotrader Group plc has repurchased 1.64 million ordinary shares for cancellation, reducing its share capital and altering voting rights. The buybacks occurred between May 5 and 8, 2026, at prices ranging from 490p to 519p per share. The company now has 818,542,631 shares in issue and 814,185,075 voting rights. Analysts rate the stock as a Hold with a £605.00 price target, while TipRanks’ AI Analyst rates it as Outperform, citing strong financial performance but noting some challenges in revenue streams.