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Vistry Group Announces Strong Growth and Share Buyback

Vistry Group Announces Strong Growth and Share Buyback

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

Vistry Group PLC reported a robust performance in the first half of 2024, with a 9% increase in housing completions and a 10% rise in adjusted operating profit, signaling strong growth and financial health. The company is well-positioned to contribute to the government’s housing targets, particularly in affordable housing, and has announced a £130 million share buyback program, part of a larger £1 billion capital return plan to shareholders over three years.

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

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