Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has continued its Share Buyback Programme by purchasing 70,063 of its own shares at prices ranging from 467.00p to 478.00p, with the intention to cancel them, thereby reducing the number of shares in issue and consolidating shareholder value. This latest transaction is part of a larger plan to buyback up to £50 million worth of shares, of which £37,363,862.42 has been spent to repurchase 7,839,272 shares since December 2023. The move reflects the company’s commitment to delivering sustainable, profitable growth and returning value to its shareholders.
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