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The latest update is out from Vistry Group ( (GB:VTY) ).
Vistry Group PLC has executed a share buyback transaction, purchasing 47,500 of its ordinary shares at prices ranging from 611.40 GBp to 643.60 GBp. This move is part of the company’s ongoing share buyback programme, initially announced in September 2024, and aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and consolidating ownership. The purchased shares will be cancelled, resulting in a total of 325,624,832 voting rights, which could impact shareholder voting dynamics and influence market perceptions of the company’s financial health.
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 shows strong financial performance with revenue growth and positive free cash flow. The technical indicators suggest a positive trend, although valuation concerns exist due to a high P/E ratio. The active share buyback program is a significant positive, reflecting management’s confidence in enhancing shareholder value.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Average Trading Volume: 1,140,956
Technical Sentiment Signal: Sell
Current Market Cap: £2.09B
For detailed information about VTY stock, go to TipRanks’ Stock Analysis page.