Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has actively engaged in its share buyback program, acquiring 80,920 of its own ordinary shares, which it plans to cancel, in a move that affects the total voting rights within the company. The company has been purchasing shares under the program since December 2023, with a total spend of £27.8 million to date. This step is part of Vesuvius’s strategy to optimize shareholder value and reflects its commitment to sustainable, profitable growth.
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