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Vistry Group Enhances Shareholder Value with Share Buyback

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Vistry Group Enhances Shareholder Value with Share Buyback

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

Vistry Group PLC announced the purchase of 48,600 of its own Ordinary Shares as part of its ongoing share buyback programme. The shares were bought at prices ranging between 610.00 GBp and 620.00 GBp, with an average price of 617.1004 GBp. The repurchased shares will be canceled, reducing the company’s total number of shares in issue. This action aligns with Vistry’s strategy to enhance shareholder value and indicates confidence in its financial position. The total voting rights post-cancellation will be 329,677,691, affecting stakeholders’ calculations of interest under regulatory requirements.

More about Vistry Group

Vistry Group PLC operates in the construction and housing industry, specializing in the development and sale of residential properties. The company focuses on providing high-quality homes across the UK, catering to a range of market segments.

YTD Price Performance: 8.39%

Average Trading Volume: 2,390,355

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.03B

For a thorough assessment of VTY stock, go to TipRanks’ Stock Analysis page.

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