Vistry Group PLC - Kent, England-based FTSE 250 housebuilder - Commences share buyback programme announced in mid-September to repurchase shares worth up to £55 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 £1 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%

Copyright 2023 Alliance News Ltd. All Rights Reserved.