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Vesuvius Advances Share Buyback Initiative
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Vesuvius Advances Share Buyback Initiative

Vesuvius (GB:VSVS) has released an update.

Vesuvius plc has recently bought back 71,737 of its own ordinary shares under a Share Buyback Programme, with the highest price paid per share at 483.00p and the lowest at 478.50p. This move, part of a larger initiative announced last December to repurchase up to £50 million worth of shares, has seen the company acquire over 5.6 million shares for around £27.1 million thus far. The repurchased shares are set to be cancelled, slightly reducing the total number of voting rights in the company to 265,558,781.

For further insights into GB:VSVS stock, check out TipRanks’ Stock Analysis page.

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