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Vesuvius ( (GB:VSVS) ) just unveiled an update.
Vesuvius plc announced the purchase of 143,026 of its ordinary shares from J.P. Morgan Securities as part of its ongoing Share Buyback Programme, which was initiated on 19 November 2024. The company intends to cancel these shares, adjusting its total voting rights to 257,220,100 shares. To date, Vesuvius has repurchased a total of 3,172,332 shares, indicating a strategic move to manage its share capital and potentially enhance shareholder value.
More about Vesuvius
Vesuvius plc is a global leader in molten metal flow engineering and technology, serving process industries operating in high-temperature conditions. The company develops innovative solutions for manufacturing processes, focusing on safety, efficiency, and sustainability. Vesuvius offers products like flow control solutions, advanced refractories, and technical services across a worldwide network, leveraging its market and technology leadership.
YTD Price Performance: -9.89%
Average Trading Volume: 395,931
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.05B
For a thorough assessment of VSVS stock, go to TipRanks’ Stock Analysis page.
