Vistry Group PLC Executes Share Buyback Programme

Vistry Group ( (GB:VTY) ) has issued an announcement.

Vistry Group PLC has announced the purchase of 50,000 of its Ordinary 50p Shares as part of its ongoing share buyback programme. The shares were bought at prices ranging from 581.20 GBp to 597.60 GBp, with a volume-weighted average price of 589.6727 GBp. Following the cancellation of these shares, the total number of voting rights in the company will be 326,276,379. 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 £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.

The overall score reflects weak technical signals and valuation concerns, despite strong revenue growth and positive cash flows. Corporate actions underscore management’s confidence, but challenges in profitability and increased leverage weigh heavily.

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

More about Vistry Group

Average Trading Volume: 1,245,526

Technical Sentiment Signal: Sell

Current Market Cap: £1.91B

For detailed information about VTY stock, go to TipRanks’ Stock Analysis page.