Bodycote (GB:BOY) has released an update.
Bodycote plc has announced the completion of the first £30 million tranche of its £60 million share buyback programme, with 4,198,089 shares acquired since the March announcement. The second tranche, also worth £30 million, is now underway with Jefferies International Limited managing the buyback independently until January 2025. The buyback aims to reduce the company’s share capital, with all acquired shares to be cancelled.
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