Suspension of Share Buyback Programme
Bodycote suspends £80m share buyback programme following Veritas Capital recommended cash offer announcement.
- Buyback programme value £80m
- Shares purchased to date 2,574,597
- Cost of shares purchased £17.5m
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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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.