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Vistry Group ( (GB:VTY) ) has provided an announcement.
Vistry Group PLC has executed a share buyback transaction as part of its ongoing program, purchasing 47,500 of its Ordinary 50p Shares through Peel Hunt LLP. The shares were bought at prices ranging from 618.20 GBp to 631.40 GBp, with a volume-weighted average price of 623.46 GBp. Following the cancellation of these shares, the total number of voting rights in the company will be 323,943,308. This move is part of Vistry’s strategy to manage its capital structure and may impact 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
Average Trading Volume: 1,010,638
Technical Sentiment Signal: Sell
Current Market Cap: £2.04B
Learn more about VTY stock on TipRanks’ Stock Analysis page.