Vesuvius (GB:VSVS) has released an update.
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Vesuvius plc has repurchased 142,700 ordinary shares as part of its £50 million share buyback program, with the shares being bought at an average price of 420.5134 pence each. The company plans to cancel these shares, which will adjust its total voting rights to 259,207,114. This strategic move is aimed at enhancing shareholder value and optimizing capital structure.
For further insights into GB:VSVS stock, check out TipRanks’ Stock Analysis page.
