UK Chancellor Reeves considers new property tax:
Vistry Group to deliver 2,300 homes in Rugeley, Staffordshire (633.6000p, 0)
Vistry Group to launch £15M trance of previously announced £130M share buyback programme (625.2000p, 0)
Vistry Group CEO/Executive Chair Greg Fitzgerald has acquired 84,068 ordinary shares at £5.90 -- filing (pre-UK open) (611.8000p, +22)
UK government sets up Platform4 and announces plan to build up to 40,000 new homes on brownfield railway land (pre-EU open)
StreetAccount Summary - Trading higher/lower: EU mid-morning
Kepler Cheuvreux initiates BKG.LN, BTRW.LN, BWY.LN, others
Quick take: Vistry reverse most post-open gains on back of weak H1 trading update; reiterates FY profit outlook to be up on 2024 levels and expects momentum going into 2026 (624.4000p, -1.6)
StreetAccount Summary - European pre-market trading update
Vistry Group H1 Trading Update: expects adjusted operating profit ~£125M vs year-ago £161.8M; remains on track to deliver a y/y increase in profits in FY25 (626.0000p, 0)
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