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Vistry Group ( (GB:VTY) ) has issued an announcement.
Vistry Group PLC has executed a share buyback program, purchasing 46,750 of its ordinary shares at prices ranging from 632.00 GBp to 640.80 GBp. Of these, 31,050 shares will be held in treasury, and 15,700 shares will be canceled, impacting the total voting rights and share capital structure of the company. This move is part of the company’s strategic financial management, potentially affecting shareholder value and market perception.
The most recent analyst rating on (GB:VTY) stock is a Buy with a £715.00 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 overall stock score is driven by strong corporate actions and positive technical indicators. Financial performance shows growth but is tempered by margin pressures and leverage concerns. Valuation remains a challenge due to a high P/E ratio and lack of dividend yield.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Vistry Group PLC is a prominent player in the construction and housing industry, primarily focused on building residential properties across the United Kingdom. The company is known for its development of sustainable and high-quality homes, catering to various market segments, including affordable housing and private sales.
Average Trading Volume: 1,022,855
Technical Sentiment Signal: Sell
Current Market Cap: £2.09B
For detailed information about VTY stock, go to TipRanks’ Stock Analysis page.