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Abrams Capital Increases Stake in Vistry Group to 11.78%

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Abrams Capital Increases Stake in Vistry Group to 11.78%

Vistry Group ( (GB:VTY) ) has shared an update.

Vistry Group PLC, a UK-based issuer, has announced a change in its voting rights structure due to an acquisition by Abrams Capital Management LP. This acquisition has resulted in Abrams Capital Management LP increasing its voting rights in Vistry Group to 11.78%, crossing the previous threshold of 10.20%. This change in voting rights could potentially impact the company’s decision-making process and influence its strategic direction, given the significant stake now held by Abrams Capital Management.

More about Vistry Group

YTD Price Performance: 0.10%

Average Trading Volume: 1,550,010

Technical Sentiment Signal: Buy

Current Market Cap: £1.9B

See more insights into VTY stock on TipRanks’ Stock Analysis page.

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