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Vistry Group Addresses Shareholder Concerns on Remuneration

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Vistry Group Addresses Shareholder Concerns on Remuneration

Meet Your ETF AI Analyst

Vistry Group ( (GB:VTY) ) has issued an announcement.

Vistry Group PLC recently held its Annual General Meeting, where 72.97% of votes were in favor of approving the Directors’ Remuneration Report. Despite the approval, the Board engaged with shareholders who expressed concerns about the decision not to apply malus and clawback to the FY23 bonus and 2021 LTIP vesting outcomes. The Remuneration Committee considered various factors and decided against exercising discretion on these matters. The Board is committed to ongoing shareholder engagement to ensure transparency and alignment with shareholder views on future remuneration decisions.

The most recent analyst rating on (GB:VTY) stock is a Hold with a £608.00 price target. To see the full list of analyst forecasts on Vistry Group stock, see the GB:VTY Stock Forecast page.

Spark’s Take on GB:VTY Stock

According to Spark, TipRanks’ AI Analyst, GB:VTY is a Neutral.

Vistry Group’s overall stock score is primarily driven by its strong revenue growth and positive cash flow generation. However, challenges with declining profit margins and increased leverage weigh on the financial performance score. The technical analysis shows moderate momentum, while the valuation score is low due to a negative P/E ratio and lack of dividend yield.

To see Spark’s full report on GB:VTY stock, click here.

More about Vistry Group

Average Trading Volume: 943,166

Technical Sentiment Signal: Sell

Current Market Cap: £2.07B

See more data about VTY stock on TipRanks’ Stock Analysis page.

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