Vistry Group ( (GB:VTY) ) has provided an update.
Vistry Group PLC has announced the purchase of 58,500 of its own ordinary shares as part of its ongoing share buyback program. The shares were acquired at prices ranging from 488.40 GBp to 538.40 GBp, with a volume-weighted average price of 511.5293 GBp. This transaction will result in the cancellation of the purchased shares, reducing the total number of shares in issue and potentially increasing the value for remaining shareholders. The move is part of Vistry’s strategy to manage its capital structure and enhance shareholder value.
More about Vistry Group
Vistry Group PLC operates in the construction and housebuilding industry, focusing on the development of residential properties across the UK. The company is known for its comprehensive range of housing solutions, catering to various market segments, including affordable housing and private residential developments.
YTD Price Performance: -10.70%
Average Trading Volume: 1,556,760
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.67B
For an in-depth examination of VTY stock, go to TipRanks’ Stock Analysis page.