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The latest update is out from Vistry Group ( (GB:VTY) ).
Vistry Group PLC, a prominent player in the construction and housing industry, announced the purchase of 47,000 of its Ordinary 50p Shares as part of its ongoing share buyback programme. The shares were acquired at prices ranging from 623.00 GBp to 632.20 GBp, with an average price of 628.9705 GBp per share. Following this transaction, the company will cancel the purchased shares, resulting in a total of 325,049,332 voting rights. This move is part of Vistry’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £1434.00 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 reflects solid financial performance and strategic corporate actions like share buybacks, which boost shareholder value. However, technical indicators and valuation metrics suggest caution, given the stock’s current pricing and market conditions.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Average Trading Volume: 1,050,957
Technical Sentiment Signal: Sell
Current Market Cap: £2.03B
See more data about VTY stock on TipRanks’ Stock Analysis page.