Vesuvius ( (GB:VSVS) ) just unveiled an announcement.
Vesuvius plc has executed a share buyback transaction, purchasing 253,345 of its ordinary shares as part of a £50 million buyback program initiated in November 2024. This move, conducted through J.P. Morgan Securities, aims to reduce the number of shares in circulation, potentially increasing shareholder value and adjusting the company’s capital structure.
More about Vesuvius
Vesuvius plc operates in the engineering and technology sector, primarily focusing on the production of advanced materials and solutions for high-temperature industrial processes. The company serves a range of industries, including steel and foundry, providing products that enhance efficiency and performance.
YTD Price Performance: -3.19%
Average Trading Volume: 560,121
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.03B
See more data about VSVS stock on TipRanks’ Stock Analysis page.