Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has recently executed a share buyback, purchasing 73,059 of its own shares at prices ranging between 476.00p and 480.00p per share, with the intention to cancel them to increase shareholder value. This action is a part of their larger Share Buyback Programme aimed at repurchasing up to £50 million worth of shares, of which £27,452,637.95 has already been spent. Following the cancellation, Vesuvius’s total issued share capital will consist of 265,485,722 Ordinary Shares, excluding those held in treasury.
For further insights into GB:VSVS stock, check out TipRanks’ Stock Analysis page.
