Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has continued its Share Buyback Programme by purchasing 71,904 of its own Ordinary Shares, with plans to cancel them, consequently reducing the total number of shares and voting rights to 265,688,986. The buyback transactions, part of a larger scheme to repurchase up to £50 million worth of shares, were conducted through various trading venues with a volume weighted average price of 478.49p per share. This move is in line with the authority given by shareholders at the last Annual General Meeting and reflects the company’s strategy to deliver sustainable, profitable growth and provide superior returns to shareholders.
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