Vesuvius plc (GB:VSVS) has released an update.
Vesuvius plc, a leader in molten metal flow engineering, has made a significant move in their Share Buyback Programme by purchasing 147,004 Ordinary Shares at prices ranging between 469.00p and 477.50p per share, with the intention of cancelling them to optimize shareholder value. This buyback is part of a larger scheme announced previously to repurchase up to £50 million worth of shares, of which £19.8 million has been spent so far. The company’s total voting rights post-purchase will be 267,060,777 Ordinary Shares.
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