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An announcement from Vesuvius ( (GB:VSVS) ) is now available.
Vesuvius plc has executed a share buyback program, purchasing 173,675 of its own shares at an average price of 406.1422 pence each, with plans to cancel these shares. This move is part of a broader initiative to repurchase up to £50 million of shares, aiming to optimize the company’s capital structure and potentially enhance shareholder value.
More about Vesuvius
Vesuvius plc is a global leader in molten metal flow engineering and technology, serving process industries that operate in high-temperature environments. The company provides innovative and customized solutions to enhance manufacturing processes, including flow control solutions, advanced refractories, and related technical services. Vesuvius plc maintains a worldwide presence with a network of manufacturing plants and industry experts, emphasizing market and technology leadership to deliver sustainable and profitable growth.
YTD Price Performance: -1.42%
Average Trading Volume: 402,833
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.06B
See more insights into VSVS stock on TipRanks’ Stock Analysis page.
