11th Dec 2023 08:41
Vistry Group PLC - Kent, England-based FTSE 250 housebuilder - Commences share buyback programme announced in mid-September to repurchase shares worth up to GBP55 million. Expects programme, which acts in lieu of an interim dividend, to complete no later than March 14, when Vistry intends to announce its full-year results. Of the shares repurchased, Vistry will hold up to 250,000 in treasury and cancel the rest. Vistry currently has authority to repurchase a maximum of 34.6 million shares. Company said in September that it intends to return GBP1 billion to shareholders over the next three years through ordinary and special distributions combined.
Current stock price: 779.50 pence, up 0.7% in London on Monday morning
12-month change: up 29%
By Emma Curzon, Alliance News reporter
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