Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has recently implemented a share buyback, purchasing 59,121 of its own ordinary shares from Jefferies International Limited as part of a £50 million program initiated in December 2023. The company paid between 473.50p and 477.50p per share, with an average cost of 476.03p, and intends to cancel these shares to potentially enhance shareholder value. Following the buyback and cancellation, Vesuvius will have 263,150,131 ordinary shares in issue, excluding treasury shares.
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