Vesuvius ( (GB:VSVS) ) has provided an announcement.
Vesuvius plc has announced a transaction involving the repurchase of 210,776 of its ordinary shares as part of its ongoing share buyback program. This move, executed through J.P. Morgan Securities plc, is part of a larger initiative to repurchase up to £50 million of ordinary shares, with the company having already acquired 8,129,233 shares for £33,735,393.60. The repurchased shares will be canceled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares, which may positively impact shareholder value.
More about Vesuvius
YTD Price Performance: -2.01%
Average Trading Volume: 547,104
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.04B
See more data about VSVS stock on TipRanks’ Stock Analysis page.