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Vesuvius ( (GB:VSVS) ) has provided an update.
Vesuvius plc, a company engaged in a share buyback program, announced the purchase of 340,920 of its own ordinary shares at an average price of 392.0828 pence per share. This transaction is part of a larger initiative to repurchase up to £50 million worth of shares, with the company having already acquired shares worth £48,518,761.06. The purchased shares will be canceled, reducing the total number of shares in circulation and potentially increasing shareholder value.
More about Vesuvius
YTD Price Performance: -5.44%
Average Trading Volume: 652,602
Technical Sentiment Signal: Hold
Current Market Cap: £988.5M
For an in-depth examination of VSVS stock, go to TipRanks’ Stock Analysis page.