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Bodycote Completes First Share Buyback Phase

Bodycote Completes First Share Buyback Phase

Bodycote (GB:BOY) has released an update.

Bodycote plc has successfully completed the first tranche of its £60 million Share Buyback Programme, with HSBC Bank PLC purchasing 4,198,089 ordinary shares for cancellation at an average price of 714.60p per share, totaling £30 million. The company has now reduced its shares in issue to 187,258,083, following the cancellation of the recently purchased shares.

For further insights into GB:BOY stock, check out TipRanks’ Stock Analysis page.

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