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Vesuvius Advances Share Buyback Strategy
Company Announcements

Vesuvius Advances Share Buyback Strategy

Vesuvius (GB:VSVS) has released an update.

Vesuvius plc has actively pursued its Share Buyback Programme by acquiring 53,975 of its own Ordinary Shares at prices ranging between 476.00p and 481.00p, with a volume weighted average price of 478.66p per share. Following the buyback, the company intends to cancel the purchased shares, which will adjust their total shares in issue to 263,270,210, excluding treasury-held shares. This move is part of a larger initiative announced last December to repurchase up to £50 million worth of shares, of which £37,863,380.97 has been spent so far.

For further insights into GB:VSVS stock, check out TipRanks’ Stock Analysis page.

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