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Vesuvius ( (GB:VSVS) ) has shared an announcement.
Vesuvius plc announced the purchase of 170,229 of its Ordinary Shares as part of its Share Buyback Programme, which began on 19 November 2024. This action, authorized by shareholders at the 2024 Annual General Meeting, aims to cancel the acquired shares, affecting the total voting rights in the company. The program has repurchased 4,542,905 shares for over £19 million, reflecting the company’s strategic financial management and potential to enhance shareholder value.
More about Vesuvius
Vesuvius plc is a global leader in molten metal flow engineering, primarily serving process industries operating under high temperature conditions. The company offers innovative and customized solutions such as flow control solutions and advanced refractories, along with technical services like data capture, aiming to enhance manufacturing processes. Vesuvius operates through a global network of manufacturing plants and technology centers, maintaining strong customer relationships and a presence in developing markets.
YTD Price Performance: -6.38%
Average Trading Volume: 419,541
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.01B
Learn more about VSVS stock on TipRanks’ Stock Analysis page.
