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Vesuvius ( (GB:VSVS) ) has provided an announcement.
Vesuvius plc announced the purchase of 159,063 of its own ordinary shares as part of its ongoing Share Buyback Programme, which began in November 2024 and aims to repurchase up to £50 million worth of shares. This move is set to optimize the company’s capital structure and potentially enhance shareholder value, impacting the total voting rights, which will now be 255,262,389 after the cancellation of these shares.
More about Vesuvius
Vesuvius is a global leader in molten metal flow engineering and technology, serving process industries in high-temperature conditions. They provide innovative solutions for safer, more efficient manufacturing, including flow control and advanced refractories, and offer related technical services. With a global reach and strong customer relationships, Vesuvius aims for sustainable growth and superior returns for shareholders.
YTD Price Performance: -3.78%
Average Trading Volume: 437,153
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.03B
For detailed information about VSVS stock, go to TipRanks’ Stock Analysis page.
