Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has actively engaged in its share buyback program, repurchasing 92,287 of its ordinary shares at prices ranging from 464.50p to 474.50p, with the intention to cancel these shares to optimize shareholder value. The buyback is part of a larger initiative announced previously, with the company having acquired a total of 7,359,854 shares for £35.1 million to date. The reduction in outstanding shares will change the total voting rights in the company, thereby potentially affecting shareholder interests.
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