The latest announcement is out from Bodycote ( (GB:BOY) ).
Bodycote plc has announced the continuation of its share buyback program, purchasing 30,588 ordinary shares at prices ranging from 557.0p to 571.0p per share. This move is part of an extended program that began in December 2024, with the company having acquired a total of 11,269,378 shares since March 2024. The cancellation of these shares will reduce the total number of shares in issue, potentially increasing the value for remaining shareholders.
More about Bodycote
Bodycote plc operates in the thermal processing industry, providing heat treatment and specialist thermal processing services. The company focuses on enhancing the properties of metals and alloys, serving various sectors including aerospace, automotive, and energy.
YTD Price Performance: -10.58%
Average Trading Volume: 282,461
Technical Sentiment Signal: Buy
Current Market Cap: £1.01B
Learn more about BOY stock on TipRanks’ Stock Analysis page.