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Vistry Group ( (GB:VTY) ) has shared an announcement.
Vistry Group PLC, a company engaged in a share buyback program, announced the purchase of 47,000 of its Ordinary 50p Shares through Numis Securities Limited. The shares were bought at prices ranging from 602.80 GBp to 616.00 GBp and will be cancelled, reducing the total number of shares in issue to 325,824,902, with 390,070 shares held in Treasury. This transaction impacts the total voting rights in the company, which will now stand at 325,434,832, a figure relevant for shareholders and others with notification obligations under the FCA’s Disclosure Guidance and Transparency Rules.
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 Outperform.
Vistry Group’s score is driven by strong corporate events indicating strategic financial management and shareholder value enhancement. However, the high P/E ratio and challenges in maintaining profitability weigh negatively. Technical analysis suggests some caution with mixed indicators.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Average Trading Volume: 1,048,666
Technical Sentiment Signal: Sell
Current Market Cap: £2B
For detailed information about VTY stock, go to TipRanks’ Stock Analysis page.