Belfast Telegraph

Shares jump 12% at Persimmon

Housebuilder Persimmon highlighted its "excellent prospects" by setting aside £1.9bn for shareholders over the next decade.

The surprise move caused the York-based builder's shares to jump 12%. Persimmon, whose brands include Westbury, generated £119m in cash last year, while underlying profits rose 55% to £148.1m.

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