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Vesuvius ( (GB:VSVS) ) just unveiled an announcement.
Vesuvius plc has announced the repurchase of 6,587 of its Ordinary Shares as part of a £50 million Share Buyback Programme initiated in November 2024. The company plans to cancel these shares, impacting its total voting rights and share count. This move reflects Vesuvius’s strategic efforts to manage its capital structure and enhance shareholder value.
More about Vesuvius
Vesuvius is a global leader in molten metal flow engineering and technology, primarily serving process industries that operate in high-temperature conditions. The company is known for developing innovative solutions such as flow control and advanced refractories, often used in demanding industrial environments. With a worldwide presence, Vesuvius emphasizes strong customer relationships and market leadership, aiming for sustainable and profitable growth.
YTD Price Performance: -6.72%
Average Trading Volume: 391,793
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.09B
Learn more about VSVS stock on TipRanks’ Stock Analysis page.
