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Vistry Group ( (GB:VTY) ) has issued an announcement.
Vistry Group PLC has executed a share buyback program, purchasing 51,800 of its ordinary shares at prices ranging from 574.20 GBp to 583.20 GBp. The repurchased shares will be canceled, reducing the total number of shares in issue and potentially impacting shareholder voting rights and market perception.
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 stock score reflects strong corporate actions with share buybacks that enhance shareholder value, but is tempered by technical analysis indicating bearish trends and an overvaluation concern. Financial performance shows positive revenue growth but highlights the need for better margin management and leverage control.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Vistry Group PLC is a prominent company in the construction industry, primarily focusing on residential development and housebuilding. The company is known for its comprehensive range of housing solutions, catering to various market segments across the UK.
Average Trading Volume: 1,055,094
Technical Sentiment Signal: Sell
Current Market Cap: £1.89B
For an in-depth examination of VTY stock, go to TipRanks’ Overview page.