Vesuvius Advances Share Buyback, Cancels Shares

Vesuvius (GB:VSVS) has released an update.

Vesuvius plc has recently purchased 207,425 of its own ordinary shares at varying prices, with intentions to cancel them, in line with the Share Buyback Programme initiated in December 2023. This move will reduce the total number of shares in issue, consequently adjusting the voting rights within the company. The action is part of a larger plan to repurchase up to £50 million worth of shares, of which £45.43 million has already been spent.

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