Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has recently purchased 115,898 of its Ordinary Shares under its Share Buyback Programme from Jefferies International Limited, with the intention to cancel them, which will reduce the total number of shares in issue and voting rights to 264,486,025. This buyback is a part of the company’s ongoing plan to repurchase up to £50 million worth of shares, of which £32,176,891.21 has been spent to date. The company’s strategy aims to deliver sustainable, profitable growth and to create value for both customers and shareholders.
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