Bodycote Plc - Suspension of Share Buyback Programme
News provided by
Bodycote Plc02 Sep, 2026, 15:22 GMT
2 September 2026
Bodycote plc
(the Company)
Suspension of Share Buyback Programme
Bodycote plc announces that, further to the announcement made on 1 September 2026 by Veritas Capital Fund Management LLC of a recommended cash offer for Bodycote, it has suspended with immediate effect the £80m share buyback programme (the ‘Buyback Programme’), which commenced on 11 March 2026.
Under the Buyback Programme, Barclays Bank plc on behalf of Bodycote has purchased a total of 2,574,597 ordinary shares of 17 3 / 11 pence each at a cost of £17.5m. All shares purchased under the Buyback Programme have been cancelled.
Any re-commencement of the Buyback Programme would be announced to the market.
This announcement does not constitute, or form part of, an offer or solicitation of an offer for securities in any jurisdiction.
For further information, please contact:
Bodycote plc
Jim Fairbairn, Chief Executive Officer
Ben Fidler, Chief Financial Officer
Peter Lapthorn, Head of FP&A and Investor Relations
Tel: +44 1625 505300
FTI Consulting
Richard Mountain
Edward Knight
Tel: +44 20 3727 1340
The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.