Bodycote ( (GB:BOY) ) just unveiled an announcement.
Bodycote plc has announced the purchase of 35,000 of its ordinary shares as part of its extended share buyback programme, with plans to cancel these shares. This move is part of a broader strategy to manage its capital structure, having repurchased a total of 11,433,888 shares since March 2024, reflecting the company’s commitment to enhancing shareholder value.
More about Bodycote
Bodycote plc operates in the thermal processing services industry, providing heat treatment, metal joining, and surface technology services. The company focuses on enhancing the properties of metals and alloys, serving various sectors including aerospace, automotive, and energy.
YTD Price Performance: -10.11%
Average Trading Volume: 286,958
Technical Sentiment Signal: Buy
Current Market Cap: £1.01B
For detailed information about BOY stock, go to TipRanks’ Stock Analysis page.