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Vesuvius ( (GB:VSVS) ) just unveiled an update.
Vesuvius plc has announced the purchase and cancellation of over 14,960 ordinary shares as part of its ongoing Share Buyback Programme, resulting in a total of 256,866,937 voting shares. This buyback, in accordance with shareholder authority and market regulations, is part of a broader strategy to repurchase up to £50 million of shares, with significant progress already made, indicating a commitment to enhancing shareholder value.
More about Vesuvius
Vesuvius is a global leader in molten metal flow engineering and technology, primarily serving process industries operating under high temperature conditions. The company provides innovative and customized solutions such as flow control, advanced refractories, and related technical services to enhance manufacturing safety, efficiency, and sustainability. With a worldwide presence, Vesuvius leverages its market and technology leadership, strong customer relationships, and global reach to expand its market and deliver sustainable growth.
YTD Price Performance: -8.25%
Average Trading Volume: 391,153
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.07B
For detailed information about VSVS stock, go to TipRanks’ Stock Analysis page.
