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.

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.