Brief: Vistry Group Pauses Current Share Buyback Programme To Prioritise Debt Reduction
13/05/2026 07:14
May 13 (Reuters) - Vistry Group PLC VTYV.L: VISTRY GROUP PLC: YEAR-TO-DATE OPEN MARKET SALES RATE REMAINS AROUND 30% HIGHER THAN PRIOR YEAR VISTRY GROUP PLC - PAUSES CURRENT SHARE BUYBACK PROGRAMME TO PRIORITISE DEBT REDUCTION VISTRY GROUP PLC - EXPECTS FY2026 ADJUSTED PBT TOWARDS MIDDLE OF ANALYSTS' FORECAST RANGE VISTRY GROUP PLC: EVENTS IN MIDDLE EAST HAVE STARTED TO CREATE SOME UPWARD PRESSURE ON MATERIAL AND, TO A LESSER EXTENT, LABOUR PRICES VISTRY GROUP PLC: EXPECT H1 PROFIT TO BE SIGNIFICANTLY LOWER THAN PRIOR YEAR VISTRY GROUP PLC: OPERATIONAL REVIEW FINDINGS WILL BE SHARED NO LATER THAN OUR INTERIM RESULTS VISTRY GROUP PLC: MITIGATING PRESSURE FROM EVENTS IN MIDDLE EAST WHERE POSSIBLE, THROUGH ENGAGEMENT WITH SUB-CONTRACTORS AND SUPPLIERS VISTRY GROUP PLC: UPWARD PRESSURE ON MATERIAL AND LABOUR PRICES EXPECTED TO CONTINUE INTO H2 VISTRY GROUP PLC - EXPECTS NET CASH POSITION IN EXCESS OF £100MLN AT 31 DECEMBER 2026 Source text: ID:nRSM0586Ea Further company coverage: VTYV.L ((Reuters.Briefs@thomsonreuters.com;))