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An announcement from Vistry Group ( (GB:VTY) ) is now available.
Vistry Group PLC has announced the purchase of 47,500 of its own ordinary shares as part of its ongoing share buyback programme. The shares were bought at prices ranging from 627.60 GBp to 643.20 GBp and will be cancelled, reducing the total number of voting rights in the company. This move is part of Vistry’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock liquidity and market perception.
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
Vistry Group PLC operates in the construction and housebuilding industry, focusing on the development and sale of residential properties. The company is known for its commitment to building sustainable and high-quality homes across the UK.
Average Trading Volume: 884,809
Technical Sentiment Signal: Sell
Current Market Cap: £2.02B
For an in-depth examination of VTY stock, go to TipRanks’ Overview page.