Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has recently executed a share buyback, purchasing 122,935 of its Ordinary Shares at prices ranging from 457.00p to 467.00p per share for a volume weighted average of 460.87p. This move comes as part of a larger Share Buyback Programme initiated in December 2023, with the company now having acquired a total of 7,656,359 shares for £36.5 million. Post-purchase, Vesuvius intends to cancel the acquired shares, thereby reducing the total number of shares in issue and consolidating the value for existing shareholders.
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