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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 repurchased 45,477 of its own shares through its Share Buyback Programme, with the intent to cancel them to potentially enhance shareholder value. This transaction forms part of a larger initiative announced last December to acquire up to £50 million worth of shares, of which £38.65 million has been spent to date. Following these transactions, the company’s total issued share count, excluding treasury shares, stands at 263,104,654, affecting the total voting rights.

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

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