Persimmon Rises Most Since 1989 on Plan to Return $3 Billion to Investors

Persimmon Plc (PSN) climbed as much as 19 percent in London trading after the U.K.’s largest homebuilder by market value announced a plan to return 1.9 billion pounds, or 6.20 pounds a share, to shareholders between 2013 and 2021.

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