Vistry Group To Buy Back Up To 1.5 Mln Shares

Vistry Group Plc (VTY.L), a British house-building firm, said on Friday that it will start a share buyback drive on May 27 to repurchase up to 1.5 million shares of worth 35 million pounds with an expected closing date of December 31.

The move is aimed to reduce the share capital of the company and an expectation for enhanced earnings per share, the company said in a statement.

Vistry Group has appointed its joint broker Numis Securities Limited to manage the repurchase program.

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