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Vistry Group Executes Share Buyback, Cancels 47,000 Shares

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Vistry Group Executes Share Buyback, Cancels 47,000 Shares

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

Vistry Group PLC has executed a share buyback transaction, purchasing 47,000 of its Ordinary 50p Shares at prices ranging from 627.40 GBp to 636.20 GBp. The shares acquired will be cancelled, reducing the total number of shares in issue to 323,569,411, with 322,879,341 total voting rights remaining. This move is part of their ongoing share buyback programme, potentially enhancing shareholder value by reducing the number of shares available in the market.

The most recent analyst rating on (GB:VTY) stock is a Hold with a £636.00 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 influenced by its financial performance, which shows strong revenue growth but challenges in profitability and leverage management. Technical analysis suggests a neutral market position with some bearish momentum. Valuation is a significant concern due to a negative P/E ratio and lack of dividend yield, reflecting potential profitability issues.

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

More about Vistry Group

Average Trading Volume: 964,719

Technical Sentiment Signal: Sell

Current Market Cap: £2.04B

For an in-depth examination of VTY stock, go to TipRanks’ Overview page.

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