StockMarketWire.com - Rightmove has commenced an irrevocable, non-discretionary programme to purchase shares on its own behalf, for cancellation, during its close period.

The programme commences on 2 January 2014 and runs up to and including 27 February 2014.

Any acquisitions will be effected within certain pre-set parameters, and in accordance with both Rightmove plc general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid be limited to no more than 105 per cent of the average middle market closing price of Rightmove plc shares for the 5 dealing days preceding the date of purchase.

At 8:37am: [LON:RMV] Rightmove PLC share price was +18p at 2681p


Story provided by StockMarketWire.com