Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Vesuvius ( (GB:VSVS) ) just unveiled an announcement.
Vesuvius plc has executed a share buyback as part of its ongoing program, purchasing 231,394 of its ordinary shares from J.P. Morgan Securities plc at a volume-weighted average price of 412.7032 pence per share. This move is in line with the authority granted by shareholders in the 2024 AGM, and the acquired shares will be canceled, adjusting the company’s total voting rights to 252,881,513 shares. The share buyback program, initiated with a goal of repurchasing up to £50 million worth of shares, has so far led to the acquisition of 7,510,919 shares for a total consideration of £31,195,251.18. This strategy is expected to enhance shareholder value and optimize the company’s capital structure.
More about Vesuvius
YTD Price Performance: -1.89%
Average Trading Volume: 562,515
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.06B
For a thorough assessment of VSVS stock, go to TipRanks’ Stock Analysis page.
