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Big Technologies Executes Share Buyback as Part of Strategic Program

Story Highlights
  • Big Technologies specializes in remote monitoring technology, focusing on the criminal justice sector.
  • The company repurchased 30,201 shares, impacting shareholder voting rights.
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Big Technologies Executes Share Buyback as Part of Strategic Program

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Big Technologies PLC ( (GB:BIG) ) has issued an update.

Big Technologies PLC has executed a share buyback, purchasing 30,201 ordinary shares at 126 pence each as part of a previously announced buyback program. This transaction reflects the company’s strategic financial management and may impact shareholder value, as the repurchased shares will be held in treasury, potentially affecting voting rights calculations for stakeholders.

More about Big Technologies PLC

Big Technologies PLC, headquartered in the UK, specializes in remote personal monitoring technology, primarily catering to the criminal justice sector. Founded in 2005, it is known for its brand ‘Buddi’ and offers integrated solutions that include hardware and software for electronic monitoring on a subscription basis. The company has developed its technology over a decade, focusing on high accuracy and cost efficiency, which has driven demand in the market.

YTD Price Performance: -8.33%

Average Trading Volume: 160,452

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £366.8M

See more data about BIG stock on TipRanks’ Stock Analysis page.

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