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Bodycote Completes Share Buyback, Reduces Capital

Bodycote Completes Share Buyback, Reduces Capital

Bodycote (GB:BOY) has released an update.

Bodycote plc, a leading provider of heat treatment and specialist thermal processing services, has completed a share buyback program, purchasing 17,372 of its ordinary shares. The shares, bought through HSBC Bank PLC, will be cancelled, leading to a reduction in issued share capital and potentially increasing the value of remaining shares. The company’s total voting rights now stand at 187,492,097 following the buyback and cancellation.

For further insights into GB:BOY stock, check out TipRanks’ Stock Analysis page.

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