{"success":true,"data":{"pressRelease":{"id":"104641","rtpr_id":"nPRrV3180a","ticker":"RMV","exchange":"LSE","all_tickers":["RMV"],"title":"REG-Rightmove Plc: Statement re Share Buyback Programme","author":"PR Newswire","published_at":"2026-07-31T06:05:32.873Z","article_body":"Rightmove plc\n\nShare Buyback Programme\n\n \n\nAnnouncement of Share Buyback Programme\n\n \n\nRightmove plc (\"Rightmove\" or the \"Company\"), the UK's no. 1 property website,\nannounces that effective from Monday 3 August 2026 it is commencing a share\nrepurchase programme of its ordinary shares of 0.1 pence each (\"Ordinary\nShares\") up to a maximum aggregate consideration of up to £350 million (the\n\"Programme\"). The Programme is in line with Rightmove's capital allocation\npolicy, and its purpose is to return surplus capital to shareholders and\nreduce the Company's share capital. Rightmove expects to return over £400m to\nshareholders by 31 July 2027, including share buybacks of c.£330m. As such,\nall Ordinary shares repurchased under the Programme will be cancelled.\n\n \n\nThe Programme will be effected under the authority granted by shareholders at\nthe Company's 2026 Annual General Meeting to purchase a maximum of 76,028,890\nOrdinary Shares, taking into account the Company's previous share buyback\nactivity.\n\n \n\nAny purchases of Ordinary Shares by the Company under the Programme will be\ncarried out in accordance with the parameters prescribed by the Market Abuse\nRegulation 596/2014 (as it forms part of UK law pursuant to the European Union\n(Withdrawal) Act 2018) and UKLA 9 of the UK Listing Rules.\n\n \n\nThe maximum price paid per Ordinary Share will be no more than an amount equal\nto 105 per cent of the average middle market quotations for an Ordinary Share,\nas derived from the London Stock Exchange Daily Official List, for the five\nbusiness days immediately preceding the day on which the Ordinary Share is\npurchased. The minimum price that may be paid is 0.1 pence per share. The\nCompany may repurchase up to 25% of the average daily volume.\n\n \n\nRightmove has entered into agreements with Peel Hunt LLP (\"Peel Hunt\") and UBS\nAG London Branch (\"UBS\") to purchase the Company's Ordinary Shares under the\nProgramme. Rightmove retains the right to suspend, terminate, or alter the\nparameters of the buyback program at its absolute discretion and Peel Hunt and\nUBS will execute orders at the direction of Rightmove, subject to the limits\nas described above.\n\n \n\nRightmove will make further regulatory announcements in respect of repurchases\nof Ordinary Shares as required by UK MAR and the UK Listing Rules.\n\n \n\n \n\n \n\nCarolyn Pollard\n\nGroup Company Secretary\n\n \n\nEnquiries:\n\nInvestor Relations                                           \ninvestor.relations@rightmove.co.uk\n\nSodali                                                                 \nrightmove@sodali.com\n\n \n\n \n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPRrV3180a","title":"REG-Rightmove Plc: Statement re Share Buyback Programme","author":"PR Newswire","ticker":"RMV","created":"2026-07-31T06:05:32.873Z","tickers":["RMV"],"exchange":"LSE","article_body":"Rightmove plc\n\nShare Buyback Programme\n\n \n\nAnnouncement of Share Buyback Programme\n\n \n\nRightmove plc (\"Rightmove\" or the \"Company\"), the UK's no. 1 property website,\nannounces that effective from Monday 3 August 2026 it is commencing a share\nrepurchase programme of its ordinary shares of 0.1 pence each (\"Ordinary\nShares\") up to a maximum aggregate consideration of up to £350 million (the\n\"Programme\"). The Programme is in line with Rightmove's capital allocation\npolicy, and its purpose is to return surplus capital to shareholders and\nreduce the Company's share capital. Rightmove expects to return over £400m to\nshareholders by 31 July 2027, including share buybacks of c.£330m. As such,\nall Ordinary shares repurchased under the Programme will be cancelled.\n\n \n\nThe Programme will be effected under the authority granted by shareholders at\nthe Company's 2026 Annual General Meeting to purchase a maximum of 76,028,890\nOrdinary Shares, taking into account the Company's previous share buyback\nactivity.\n\n \n\nAny purchases of Ordinary Shares by the Company under the Programme will be\ncarried out in accordance with the parameters prescribed by the Market Abuse\nRegulation 596/2014 (as it forms part of UK law pursuant to the European Union\n(Withdrawal) Act 2018) and UKLA 9 of the UK Listing Rules.\n\n \n\nThe maximum price paid per Ordinary Share will be no more than an amount equal\nto 105 per cent of the average middle market quotations for an Ordinary Share,\nas derived from the London Stock Exchange Daily Official List, for the five\nbusiness days immediately preceding the day on which the Ordinary Share is\npurchased. The minimum price that may be paid is 0.1 pence per share. The\nCompany may repurchase up to 25% of the average daily volume.\n\n \n\nRightmove has entered into agreements with Peel Hunt LLP (\"Peel Hunt\") and UBS\nAG London Branch (\"UBS\") to purchase the Company's Ordinary Shares under the\nProgramme. Rightmove retains the right to suspend, terminate, or alter the\nparameters of the buyback program at its absolute discretion and Peel Hunt and\nUBS will execute orders at the direction of Rightmove, subject to the limits\nas described above.\n\n \n\nRightmove will make further regulatory announcements in respect of repurchases\nof Ordinary Shares as required by UK MAR and the UK Listing Rules.\n\n \n\n \n\n \n\nCarolyn Pollard\n\nGroup Company Secretary\n\n \n\nEnquiries:\n\nInvestor Relations                                           \ninvestor.relations@rightmove.co.uk\n\nSodali                                                                 \nrightmove@sodali.com\n\n \n\n \n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-07-31T06:05:32.932597137Z","server_sent_at_ms":1785477932932},"received_at":"2026-07-31T06:05:32.983Z","source_url":null},"analysis":{"id":"93653","press_release_id":"104641","analysis_json":{"industry":{"label":"Real Estate Services","sector":"Real Estate"},"redFlags":[],"eventType":"buyback","narrative":"Rightmove plc announced the commencement of a share repurchase programme effective August 3, 2026, with a maximum aggregate consideration of up to £350 million.\n\nThe company expects to return over £400 million to shareholders by July 31, 2027, utilizing authority granted at the 2026 Annual General Meeting to repurchase up to 76,028,890 ordinary shares.\n\nPeel Hunt LLP and UBS AG London Branch have been appointed to execute the purchases, which will be carried out in accordance with UK MAR and UK Listing Rules.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Significant capital return via £350M buyback authorization."},"keyFigures":{"customDimensions":{"max_shares_repurchase":76028890,"buyback_authorization_gbp":"£350 million","total_expected_return_gbp":"over £400m"}},"quotedText":"return surplus capital to shareholders and reduce the Company's share capital","namedEntities":{"people":[{"name":"Carolyn Pollard","role":"Group Company Secretary"}],"products":[],"companies":[{"name":"Rightmove plc","ticker":"RMV"},{"name":"Peel Hunt LLP","relationship":"broker"},{"name":"UBS AG London Branch","relationship":"broker"}],"dollarAmounts":[{"amount":"£350 million","context":"maximum aggregate consideration for share repurchase programme"},{"amount":"over £400m","context":"total expected return to shareholders by 31 July 2027"},{"amount":"0.1 pence","context":"minimum price per ordinary share"}]},"materialImpact":{"score":3,"reasoning":"Authorization of a significant £350 million share buyback program to return surplus capital to shareholders. While material for capital allocation, it is consistent with stated policy and not an earnings surprise or binary event."},"tickerRelevance":{"others":[],"primary":"RMV"},"globalImportance":40,"audienceRelevance":60,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap-ftse-100","eventGravity":"buyback-authorization","sectorWeight":"real_estate"}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Rightmove plc announced the commencement of a share repurchase programme effective August 3, 2026, with a maximum aggregate consideration of up to £350 million.\n\nThe company expects to return over £400 million to shareholders by July 31, 2027, utilizing authority granted at the 2026 Annual General Meeting to repurchase up to 76,028,890 ordinary shares.\n\nPeel Hunt LLP and UBS AG London Branch have been appointed to execute the purchases, which will be carried out in accordance with UK MAR and UK Listing Rules.","key_figures":{"customDimensions":{"max_shares_repurchase":76028890,"buyback_authorization_gbp":"£350 million","total_expected_return_gbp":"over £400m"}},"named_entities":{"people":[{"name":"Carolyn Pollard","role":"Group Company Secretary"}],"products":[],"companies":[{"name":"Rightmove plc","ticker":"RMV"},{"name":"Peel Hunt LLP","relationship":"broker"},{"name":"UBS AG London Branch","relationship":"broker"}],"dollarAmounts":[{"amount":"£350 million","context":"maximum aggregate consideration for share repurchase programme"},{"amount":"over £400m","context":"total expected return to shareholders by 31 July 2027"},{"amount":"0.1 pence","context":"minimum price per ordinary share"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-31T06:39:53.823Z","global_importance":40,"audience_relevance":60,"importance_components":{"tickerTier":"large-cap-ftse-100","eventGravity":"buyback-authorization","sectorWeight":"real_estate"}},"durationMs":138592,"modelName":"glm-4.7"}}