Auto Trader Group Facilitates Enthralling Purchase of Own Shares for Cancellation
Auto Trader Group plc, the renowned online automotive marketplace, nailed down a monumental transaction on 1 May 2025, as they purchased 175,000 of their own ordinary shares. With the purchase channeled through Deutsche Numis, the Group displayed exceptional acuity in navigating the circumstantial crosscurrents of financial progression. The shares were bought for cancellation at an average price of 847.1201p per share.
Remarkably, the top purchase price reached an eye-catching 850.00p per share, while the lowest slipped subtly down to 841.80p per share. This strategic initiative leaves the Company with a formidable 882,396,142 ordinary shares in the issue and adds an enviable 4,577,481 ordinary shares in the treasury. As a result, the total voting rights sum up to an impressive 877,818,661, serving as the baseline for shareholders’ calculations delineating the requisite notification of their interest in Auto Trader Group plc under the FCA’s Disclosure Guidance and Transparency Rules.
- •Transaction in Own Shares investegate.co.uk01-05-2025