Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has actively purchased 200,325 of its own ordinary shares as part of an ongoing share buyback program, with the intention to cancel the acquired shares to enhance shareholder value. Since the program’s initiation on 4 December 2023, a total of 9,920,365 shares have been bought back for £46.2 million. Following the buyback and cancellation, Vesuvius will have 261,293,532 shares in issue, excluding treasury shares.
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