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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 actively engaged in its Share Buyback Programme by purchasing 50,440 of its own shares from Jefferies International Limited, with prices ranging between 474.00p to 480.50p. These shares are set to be cancelled, which will leave the company with 263,324,185 Ordinary Shares, thereby affecting the total voting rights. This action is part of a larger initiative announced in December 2023, aimed at buying back up to £50 million worth of shares, of which £37,605,023.53 has been spent to repurchase 7,889,712 shares.

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

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