Bodycote (GB:BOY) has released an update.
Bodycote plc has recently executed a share buyback, purchasing 18,000 of its own ordinary shares at prices ranging between 619.0p to 625.0p, averaging 620.39p per share, which will subsequently be cancelled. This action is part of an ongoing buyback program initiated in March 2024, resulting in a reduced total number of shares in issue, thereby potentially increasing the value of remaining shares. The buyback reflects the company’s strategy to manage its capital and deliver value to its shareholders.
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