Bodycote (GB:BOY) has released an update.
Bodycote plc has actively engaged in its share buyback program, purchasing 18,000 ordinary shares at prices ranging from 556.0p to 564.0p, averaging at 562.68p per share, with the intent to cancel these shares. This recent transaction brings the total number of shares bought back since March 2024 to 6,403,538, and post-cancellation, the company will have 185,052,634 shares in issue. Such strategic buybacks often aim to increase the value of remaining shares and reflect the company’s confidence in its financial health.
For further insights into GB:BOY stock, check out TipRanks’ Stock Analysis page.
