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Vistry Group Launches £100m Share Buyback
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Vistry Group Launches £100m Share Buyback

Vistry Group Plc (GB:VTY) has released an update.

Vistry Group PLC has initiated a share buyback program to repurchase up to £100m of its ordinary shares, with the plan to start today and complete by the end of September 2024. This buyback aligns with the Group’s distribution strategy outlined in the 2023 Half Year results and will be conducted through three brokers with the intent to reduce the company’s share capital. Shares acquired will either be held in Treasury or cancelled, and all transactions will be reported following the relevant market regulations.

For further insights into GB:VTY stock, check out TipRanks’ Stock Analysis page.

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