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Vesuvius plc Advances Share Buyback Programme

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Vesuvius plc Advances Share Buyback Programme

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An announcement from Vesuvius ( (GB:VSVS) ) is now available.

Vesuvius plc has repurchased 49,471 of its Ordinary Shares at an average price of 404.4973 pence per share as part of its ongoing £50 million Share Buyback Programme. These shares will be canceled, reducing the total number of shares in circulation and potentially increasing shareholder value by consolidating ownership structure.

More about Vesuvius

Vesuvius plc operates in the industrial sector, primarily focusing on the engineering and manufacture of products for high-temperature environments. Their market focus includes providing critical components and solutions for industries such as steel and foundry, enhancing efficiency and safety in these demanding sectors.

YTD Price Performance: -4.02%

Average Trading Volume: 562,161

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.02B

For a thorough assessment of VSVS stock, go to TipRanks’ Stock Analysis page.

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