Vesuvius plc (GB:VSVS) has released an update.
Vesuvius plc, a leader in molten metal flow engineering, has actively repurchased and plans to cancel 138,650 of its own ordinary shares at a volume-weighted average price of 472.13p each. This is part of an ongoing share buyback program initiated in December 2023, with the company having acquired shares worth over £20 million to date. The cancellation of the purchased shares will reduce the total number of voting rights, which shareholders use to determine changes in their stake in the company.
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