Bodycote (GB:BOY) has released an update.
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Bodycote plc has repurchased 43,476 of its ordinary shares at an average price of 581.46 pence each, as part of its ongoing share buyback program. This recent purchase, facilitated by Jefferies International Limited, will reduce the company’s total shares in issue to 184,227,394. The move aims to enhance shareholder value by reducing the share count and potentially boosting earnings per share.
For further insights into GB:BOY stock, check out TipRanks’ Stock Analysis page.
