Bodycote (BOY)

Sector:

Engineering

Index:

FTSE 250

672.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 716.00
  • 52 Week Low: 555.00
  • Currency: UK Pounds
  • Shares Issued: 190.13m
  • Volume: 115,399
  • Market Cap: £1,277.69m
  • RiskGrade: 147

Bodycote to start $60m share buyback programme in March

By Frank Prenesti

Date: Monday 22 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Thermal processing specialist Bodycote said it would start a $60m share buyback programme after spending less than planned on acquisitions.
The programme is expected to commence on March 18, with full details published on March 15 at the time of Bodycote's full year 2023 results.

It also said it had completed the acquisition of US firm Lake City HT on 19 January 2024 for $66.5m (£52m) on a cash and debt free basis.

Based in Warsaw, Indiana, Lake City is a hot isostatic pressing (HIP) and vacuum heat treatment business primarily supplying the orthopaedic implant market as well as civil aerospace which would "significantly increase" Bodycote's customer reach in the medical market.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bodycote Market Data

Currency UK Pounds
Share Price 672.00p
Change Today -6.00p
% Change -0.89 %
52 Week High 716.00
52 Week Low 555.00
Volume 115,399
Shares Issued 190.13m
Market Cap £1,277.69m
RiskGrade 147

Bodycote Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.17% below the market average70.17% below the market average70.17% below the market average70.17% below the market average70.17% below the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Price Trend
60.73% above the market average60.73% above the market average60.73% above the market average60.73% above the market average60.73% above the market average
31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average
Income
19.65% above the market average19.65% above the market average19.65% above the market average19.65% above the market average19.65% above the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average
Growth
35.89% above the market average35.89% above the market average35.89% above the market average35.89% above the market average35.89% above the market average
15.15% above the sector average15.15% above the sector average15.15% above the sector average15.15% above the sector average15.15% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 3
Sell 2
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bodycote Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 05-Oct-23
Paid 06-Jun-24 10-Nov-23
Amount 16.00p 6.70p

Trades for 26-Apr-2024

Time Volume / Share Price
17:07 412 @ 679.00p
16:48 1,978 @ 673.97p
16:35 68,821 @ 672.00p
16:35 970 @ 672.00p
16:35 2,207 @ 672.00p

Bodycote Key Personnel

CEO Stephen C Harris
CFO Ben Fidler

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