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An announcement from Vistry Group ( (GB:VTY) ) is now available.
Vistry Group PLC announced the purchase of 45,100 of its Ordinary 50p Shares as part of its share buyback programme. The shares were acquired at prices ranging from 656.00 GBp to 672.60 GBp, with a volume-weighted average price of 663.63 GBp. These shares will be cancelled, reducing the total number of Ordinary Shares in issue to 323,353,632 and the total voting rights to 322,663,562. This move is part of Vistry’s ongoing strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £649.00 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 influenced by its strong revenue growth and stable equity position, despite challenges in profitability and leverage. Technical indicators show positive momentum, but valuation metrics are unattractive 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: 951,041
Technical Sentiment Signal: Sell
Current Market Cap: £2.14B
See more insights into VTY stock on TipRanks’ Stock Analysis page.