Latest News About Vistry voluntary redundancy program

Vistry Group is running an enhanced voluntary exit plan for employees below MD level to support cash preservation and debt reduction occurs after the share buyback was paused as first-half profits are expected to be notably lower than a year ago with an operational review due by 24 September The company says the scheme could be the right outcome for individuals and the business while it moves forward its primary aim continues to preserve cash and reduce debt Shares have fallen as details emerge about the scheme as management reviews options and outlook The program could trim staff gradually to help maintain the group's financial flexibility