Bodycote PLC Announces Continued Share Buyback Program
LONDON, United Kingdom — Bodycote plc, a leading holding company specializing in metal technology, isostatic pressings, and metallurgical coatings, has continued its share buyback program as part of its Extended Programme announced on December 20, 2024. The company has been actively purchasing its own shares through HSBC Bank PLC, with recent transactions reported on June 11, 12, and 13, 2025.
Recent Transactions Overview
June 13, 2025: Bodycote plc purchased 39,459 ordinary shares at a highest price of 571.5 pence and a lowest price of 559.5 pence. The volume-weighted average price paid was 564.6205 pence. Following this transaction, the company has 177,826,867 ordinary shares in issue, with no shares held in treasury.
June 12, 2025: The company acquired 37,323 ordinary shares, with the highest price paid at 569.5 pence and the lowest at 559.0 pence. The volume-weighted average price was 564.2848 pence. This left the company with 177,866,326 ordinary shares in issue.
June 11, 2025: Bodycote plc purchased 40,000 ordinary shares, with the highest price at 577.5 pence and the lowest at 563.5 pence. The volume-weighted average price was 567.9104 pence, resulting in 177,903,649 ordinary shares in issue.
Financial Context
Bodycote PLC, listed on the London Stock Exchange, operates within the industrials sector, specifically in machinery. As of June 11, 2025, the company’s close price was 571 pence, with a 52-week high of 736 pence on July 16, 2024, and a 52-week low of 449.4 pence on April 6, 2025. The market capitalization stands at 1.01 billion GBP, with a price-to-earnings ratio of 53.61.
Regulatory Compliance
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), Bodycote plc has provided detailed breakdowns of the individual trades made by HSBC Bank PLC on behalf of the company as part of the buyback programme.
The share buyback initiative reflects Bodycote’s strategic approach to managing its capital structure and enhancing shareholder value. The company continues to focus on its core operations in manufacturing and distributing metal technology and metallurgical coatings, maintaining its position as a key player in the industrials sector.