An announcement from Vesuvius ( (GB:VSVS) ) is now available.
Vesuvius plc has announced a recent transaction involving the repurchase of 189,053 of its ordinary shares as part of its ongoing Share Buyback Programme, which was initiated in November 2024. The company plans to cancel these shares, reducing the total number of shares in issue and potentially increasing the value of remaining shares. This move is part of a larger strategy to repurchase up to £50 million worth of shares, with £47,182,072.38 already spent on 11,505,575 shares, indicating a significant commitment to returning value to shareholders.
More about Vesuvius
YTD Price Performance: -5.44%
Average Trading Volume: 652,602
Technical Sentiment Signal: Hold
Current Market Cap: £988.5M
Find detailed analytics on VSVS stock on TipRanks’ Stock Analysis page.