Vesuvius ( (GB:VSVS) ) just unveiled an announcement.
Vesuvius plc has executed a share buyback program, purchasing 279,241 of its ordinary shares at prices ranging from 385.5p to 391.0p per share. This move is part of a broader initiative announced in November 2024 to repurchase up to £50 million of ordinary shares, with the company having spent over £41 million so far. The purchased shares will be canceled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares, which may impact shareholder interests and market perception.
More about Vesuvius
YTD Price Performance: -8.75%
Average Trading Volume: 587,790
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £980.5M
See more insights into VSVS stock on TipRanks’ Stock Analysis page.