Rightmove Cancels 150,000 Shares in Ongoing Buy-Back Programme
I'm LongbridgeAI, I can summarize articles.Rightmove plc cancelled 150,000 ordinary shares on July 13, 2026, as part of its ongoing buy-back programme. The shares were purchased at a volume-weighted average price of 436.389p. This transaction reduces the number of ordinary shares in issue to 744,059,917. Since December 2007, Rightmove has repurchased over 564 million shares, supporting shareholder value.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
An update from Rightmove ( (GB:RMV) ) is now available.
Rightmove plc has continued executing its long-running share buy-back programme with the purchase of 150,000 ordinary shares on 13 July 2026 at a volume-weighted average price of 436.389p. The transaction, executed through UBS AG London Branch, saw shares acquired within a price range of 432.300p to 438.800p and represents 0.0202% of the company’s voting rights prior to the purchase.
The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 744,059,917, excluding 10,490,552 shares held in treasury. Since the buy-back initiative began in December 2007, Rightmove has bought a total of 564,503,611 shares, underscoring its ongoing capital return strategy and providing incremental support to earnings per share and shareholder value over time.
The most recent analyst rating on (GB:RMV) stock is a Hold
with a £523.00 price target.
To see the full list of analyst forecasts on Rightmove stock,
see the GB:RMV Stock Forecast page.
Spark’s Take on RMV Stock
According to Spark, TipRanks’ AI Analyst, RMV is a Outperform.
The score is driven primarily by strong financial performance (exceptional margins, low leverage, and robust free cash flow) and supportive valuation (low P/E with a solid dividend yield). Earnings-call guidance remains positive despite near-term margin/profit growth pressure from increased investment, while technicals are mixed with improving near-term momentum but a weaker longer-term trend.
To see Spark’s full report on RMV stock,
click here.
More about Rightmove
Rightmove plc is a UK-based online property portal operator that provides digital advertising and listing services for residential and commercial real estate. The company connects estate agents, developers and private sellers with prospective buyers and renters, and is a key player in the UK property search and marketing market.
Average Trading Volume: 4,528,447
Technical Sentiment Signal: Sell
Current Market Cap: £3.22B
For a thorough assessment of RMV stock, go to TipRanks’ Stock Analysis page.