Vistry Group PLC (VTY.L, BVHMF), a home construction company, on Monday said it has extended its share buyback programme, allowing broker Peel Hunt Ltd. (PEEL.L) to purchase additional ordinary shares with an aggregate value of up to 15 million pounds.
The extension forms part of the 130 million pounds share buyback programme announced on September 12, 2024, in line with the group's capital allocation policy.
Peel Hunt will continue to act as principal for the purchases, excluding stamp duty and expenses. All shares repurchased under the programme will be cancelled.
The company also issued an irrevocable instruction to Peel Hunt to manage the buyback during the closed period.
The closed period runs ahead of the publication of the group's full-year 2025 results, expected on March 4.
On Friday, Vistry Group closed trading 0.12% lesser at GBp 665.20 on the London Stock Exchange.
On Friday, Peel Hunt closed trading 8.41% higher at GBp 116 on the London Stock Exchange.
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