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Vistry Group Advances Share Buyback Program with Recent Purchase

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Vistry Group Advances Share Buyback Program with Recent Purchase

TipRanks Cyber Monday Sale

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

Vistry Group PLC has announced the purchase of 45,000 of its own ordinary shares as part of its ongoing share buyback program. The shares were acquired at prices ranging from 663.60 GBp to 668.00 GBp and will be cancelled, reducing the total number of shares in issue and affecting the total voting rights. This move is part of the company’s strategy to manage its capital structure and could impact shareholder value by potentially increasing earnings per share.

The most recent analyst rating on (GB:VTY) stock is a Buy with a £731.00 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: 1,153,698

Technical Sentiment Signal: Sell

Current Market Cap: £2.13B

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

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