Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has actively repurchased 35,328 of its own ordinary shares as a part of its ongoing Share Buyback Programme, aiming to enhance shareholder value. These transactions occurred through various trading venues on the 30th of July, 2024, with plans to cancel the acquired shares, thereby reducing the total number of shares in issue and potentially increasing the value of remaining shares. This move comes within the scope of the authority granted by shareholders, as Vesuvius continues its £50 million share repurchase initiative, having bought 8,446,268 shares to date.
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