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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 share buyback programme, purchasing 35,600 of its Ordinary 50p Shares through Peel Hunt LLP. The shares were bought at prices ranging from 627.60 GBp to 635.40 GBp, with a volume-weighted average price of 632.12 GBp. Following the cancellation of these shares, the total number of voting rights in the company will be 323,548,030. This move is part of Vistry’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £663.00 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.
The overall stock score is primarily influenced by strong revenue growth and a solid equity position, despite challenges in profit margins and leverage. Technical indicators suggest neutral to bearish momentum, and the stock’s valuation appears high, reducing its attractiveness.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Average Trading Volume: 956,402
Technical Sentiment Signal: Sell
Current Market Cap: £2.01B
See more data about VTY stock on TipRanks’ Stock Analysis page.