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Bodycote Advances £80m Buyback, Cuts Share Count to 171.5m

Story Highlights
  • Bodycote repurchased 133,211 shares between 11 and 15 May 2026 as part of its £80 million buyback, paying a volume‑weighted average price of 689.45p per share.
  • Total repurchases under the programme now reach 1,277,227 shares, reducing Bodycote’s outstanding share capital to 171,485,363 shares and potentially boosting earnings per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bodycote Advances £80m Buyback, Cuts Share Count to 171.5m

Meet Samuel – Your Personal Investing Prophet

Bodycote ( (GB:BOY) ) has shared an announcement.

Bodycote plc has continued executing its previously announced £80 million share repurchase programme, confirming that between 11 May and 15 May 2026 it bought back 133,211 ordinary shares for cancellation through Barclays Bank. Prices during the week ranged from 672.50p to 708.50p per share, with a volume‑weighted average of 689.45p, and all purchases were conducted as on‑exchange transactions under London Stock Exchange rules.

Since the start of the programme, Bodycote has repurchased a total of 1,277,227 shares for cancellation, reducing its outstanding share count to 171,485,363 shares and leaving no shares held in treasury. The ongoing buyback, executed and reported in line with UK Listing Rules and Market Abuse Regulation, supports capital management by shrinking the share base, which may enhance earnings per share and signal confidence in the company’s financial position to investors.

The most recent analyst rating on (GB:BOY) stock is a Hold with a £725.00 price target. To see the full list of analyst forecasts on Bodycote stock, see the GB:BOY Stock Forecast page.

Spark’s Take on BOY Stock

According to Spark, TipRanks’ AI Analyst, BOY is a Neutral.

The score is driven primarily by mid-tier financial performance: a strong 2025 profitability rebound and a solid balance sheet are tempered by uneven revenue trends and inconsistent free cash flow conversion. Technicals are mildly supportive but not strong due to negative MACD, and valuation looks somewhat demanding despite a decent dividend yield.

To see Spark’s full report on BOY stock, click here.

More about Bodycote

Bodycote plc operates in the industrial services sector, specialising in heat treatment and thermal processing of metals and engineered components. The company serves manufacturing and engineering customers across a range of industries, and its shares are listed on the London Stock Exchange, providing investors exposure to a specialist materials processing business.

Average Trading Volume: 342,630

Technical Sentiment Signal: Buy

Current Market Cap: £1.17B

For an in-depth examination of BOY stock, go to TipRanks’ Overview page.

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