Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has actively engaged in its Share Buyback Programme, purchasing 101,206 Ordinary Shares at prices ranging from 464.50p to 475.50p per share, with the intention of cancelling the acquired shares. This recent transaction is part of a larger plan to repurchase up to £50 million worth of shares, having already bought back 6,611,974 shares for £31.6 million. The buyback will reduce the company’s issued share capital and voting rights, underscoring Vesuvius’s commitment to delivering shareholder value.
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