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Vistry Group Executes Share Buyback Program

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Vistry Group Executes Share Buyback Program

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An update from Vistry Group ( (GB:VTY) ) is now available.

Vistry Group PLC has executed a share buyback program, purchasing 41,964 of its ordinary shares through Peel Hunt LLP. The shares were bought at prices ranging from 683.20 GBp to 690.40 GBp and will be canceled, reducing the total number of voting rights to 321,973,250. This move is part of an ongoing strategy to manage the company’s capital structure, potentially enhancing shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:VTY) stock is a Hold with a £672.00 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 is primarily driven by its strong revenue growth and positive cash flow generation. However, challenges with declining profit margins and increased leverage weigh on the financial performance score. The technical analysis shows moderate momentum, while the valuation score is low due to a negative P/E ratio and lack of dividend yield.

To see Spark’s full report on GB:VTY stock, click here.

More about Vistry Group

Average Trading Volume: 934,218

Technical Sentiment Signal: Hold

Current Market Cap: £2.24B

For a thorough assessment of VTY stock, go to TipRanks’ Stock Analysis page.

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