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Vesuvius ( (GB:VSVS) ) has provided an announcement.
Vesuvius plc has executed a share buyback, purchasing 159,429 of its ordinary shares as part of a £50 million repurchase program announced in November 2024. The company aims to cancel these shares, impacting its total voting rights and share capital structure, reflecting a strategic move to optimize its capital allocation and enhance shareholder value.
More about Vesuvius
Vesuvius is a global leader in molten metal flow engineering and technology, primarily serving process industries operating in challenging high temperature conditions. The company develops innovative solutions, including flow control solutions and advanced refractories, to enhance manufacturing safety, efficiency, and sustainability. With a worldwide presence, Vesuvius supports its customers through cost-efficient manufacturing plants and a strong network of industry experts.
YTD Price Performance: -3.76%
Average Trading Volume: 373,454
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.13B
See more insights into VSVS stock on TipRanks’ Stock Analysis page.
