Bodycote ( (GB:BOY) ) just unveiled an announcement.
Bodycote plc has announced the continuation of its share buyback program, purchasing 21,402 of its ordinary shares at an average price of 567.7881 pence per share. This move is part of an extended program that began in December 2024, with the company having acquired a total of 11,290,780 shares since March 2024. The cancellation of these shares will reduce the total number of shares in issue, potentially increasing the value of remaining shares and demonstrating the company’s commitment to returning value to shareholders.
More about Bodycote
Bodycote plc operates in the thermal processing industry, providing heat treatment services that enhance the properties of metals and alloys, serving sectors such as aerospace, automotive, and energy.
YTD Price Performance: -10.43%
Average Trading Volume: 281,006
Technical Sentiment Signal: Buy
Current Market Cap: £1.01B
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