Bodycote (GB:BOY) has released an update.
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Bodycote plc has repurchased 18,000 of its ordinary shares as part of its ongoing share buyback program, with prices ranging from 541.0p to 551.0p per share. The company plans to cancel these shares, reducing the total number of shares in circulation to 184,819,093. Since the program began, Bodycote has bought back over 6.6 million shares, potentially enhancing shareholder value by decreasing share supply.
For further insights into GB:BOY stock, check out TipRanks’ Stock Analysis page.
