Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has announced a significant purchase of 101,331 of its own shares at prices ranging from 463.00p to 472.50p under its Share Buyback Programme. These shares are to be canceled, which will leave the company with 263,680,473 Ordinary Shares in issue, thus slightly reducing the total number of voting rights available. This move is part of a larger plan to repurchase up to £50 million worth of shares, with £35,939,918.99 already spent to buy back 7,533,424 shares.
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