Vistry Group Plc (GB:VTY) has released an update.
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Vistry Group PLC has actively purchased 150,000 of its own Ordinary Shares at prices ranging from 1290 to 1306 GBp per share, as part of its share buyback programme initiated last month. These shares will be subsequently cancelled, resulting in a reduced number of Ordinary Shares in issue and total voting rights in the company. The buyback and cancellation of shares is a common strategy used by companies to return value to shareholders and potentially boost the stock price.
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