The latest announcement is out from Bodycote ( (GB:BOY) ).
Bodycote plc has announced the continuation of its share buyback program, purchasing 32,358 ordinary shares at a volume-weighted average price of 572.3309 pence per share. This move is part of the extended program initiated in December 2024, and the company intends to cancel these shares, reducing the total number of shares in issue to 180,107,323. This strategic action reflects Bodycote’s commitment to optimizing its capital structure and potentially enhancing shareholder value.
More about Bodycote
Bodycote plc operates in the thermal processing industry, providing heat treatment and specialist thermal processing services. The company focuses on enhancing the properties of metals and alloys, serving various sectors including aerospace, automotive, and energy.
YTD Price Performance: -9.95%
Average Trading Volume: 282,490
Technical Sentiment Signal: Buy
Current Market Cap: £1.02B
For detailed information about BOY stock, go to TipRanks’ Stock Analysis page.