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Vesuvius plc Advances Share Buyback Program with Recent Purchases

Story Highlights
  • Vesuvius plc has purchased 115,433 ordinary shares as part of its buyback program.
  • The share buyback aims to repurchase up to £50 million of shares, impacting voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vesuvius plc Advances Share Buyback Program with Recent Purchases

Vesuvius ( (GB:VSVS) ) has issued an announcement.

Vesuvius plc has executed a share buyback program, purchasing 115,433 of its ordinary shares at an average price of 408.8437 pence per share. This initiative is part of a broader strategy to repurchase up to £50 million of shares, with the company having already acquired 8,244,666 shares for over £34 million. The cancellation of these shares will adjust the total voting rights, impacting shareholder calculations under FCA regulations.

More about Vesuvius

YTD Price Performance: -3.19%

Average Trading Volume: 560,121

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.03B

See more data about VSVS stock on TipRanks’ Stock Analysis page.

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