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Big Technologies PLC Announces Share Buyback

Story Highlights
  • Big Technologies PLC specializes in remote monitoring technology for the criminal justice sector.
  • The company repurchased 162,731 shares, impacting total voting rights to 295,322,135.
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Big Technologies PLC ( (GB:BIG) ) has provided an update.

Big Technologies PLC has repurchased 162,731 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Zeus Capital Limited, does not alter the company’s issued share capital but affects the total voting rights, which now stand at 295,322,135. The buyback is part of a strategic move to optimize capital structure and potentially enhance shareholder value.

More about Big Technologies PLC

Big Technologies PLC is a UK-based company specializing in remote personal monitoring technology. It is the parent company of Buddi, a brand known for its electronic monitoring solutions in the criminal justice sector. The company provides innovative hardware and software solutions for real-time tracking, focusing on the criminal justice market where its products are used as alternatives to imprisonment.

YTD Price Performance: -42.75%

Average Trading Volume: 578,351

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £220M

For an in-depth examination of BIG stock, go to TipRanks’ Stock Analysis page.

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