Vesuvius (GB:VSVS) has released an update.
Vesuvius plc, a global leader in molten metal flow engineering, has recently executed a share buyback, acquiring 225,660 of its own shares at prices ranging from 406.00p to 410.50p each. This buyback is part of a larger program announced on 4 December 2023, aimed at repurchasing up to £50 million worth of shares, of which £48,982,210.11 has been spent to date. Following the purchase and subsequent cancellation of the shares, Vesuvius will have 260,624,193 Ordinary Shares in issue, directly impacting the company’s total voting rights.
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