Vesuvius (GB:VSVS) has released an update.
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Vesuvius plc has announced the repurchase of 130,258 ordinary shares as part of its ongoing share buyback program, reflecting a commitment to enhancing shareholder value. The buyback, executed through J.P. Morgan Securities, involved shares bought at a volume-weighted average price of 417.8539p and will result in a total of 259,349,814 ordinary shares in issue. This move is part of a larger strategy to repurchase up to £50 million of ordinary shares, reinforcing the company’s focus on delivering sustainable, profitable growth.
For further insights into GB:VSVS stock, check out TipRanks’ Stock Analysis page.
