Vesuvius (GB:VSVS) has released an update.
Vesuvius plc has actively pursued its Share Buyback Programme, recently purchasing 151,938 Ordinary Shares at prices ranging from 392.50p to 398.00p per share, with an intention to cancel them. This action is part of a larger initiative announced in December 2023 to repurchase up to £50 million worth of shares, of which £42,457,258.03 has been spent to buy back 8,978,959 shares. The company emphasizes that this buyback is in line with shareholder authorizations from the 2023 AGM, aiming to deliver sustainable, profitable growth and enhance shareholder value.
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