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Big Technologies PLC Executes Share Buyback

Story Highlights
  • Big Technologies PLC repurchased 162,818 shares as part of its buyback program.
  • The transaction affects voting rights but not issued share capital, impacting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Big Technologies PLC Executes Share Buyback

Big Technologies PLC ( (GB:BIG) ) has shared an announcement.

Big Technologies PLC announced the repurchase of 162,818 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Zeus Capital Limited, does not change the company’s issued share capital but affects the total voting rights, now at 295,159,317. The buyback is part of the company’s strategic financial management, potentially impacting shareholder value and market perception.

More about Big Technologies PLC

Big Technologies PLC is a UK-based company specializing in remote personal monitoring technology, primarily serving the criminal justice market. The company, known for its Buddi brand, offers innovative electronic monitoring solutions, including hardware and software, on a subscription basis. Their products, such as the Buddi Smart Tag and Buddi Eagle software, are designed to provide accurate and reliable tracking, reducing false alerts and offering cost savings for customers.

YTD Price Performance: -53.48%

Average Trading Volume: 934,422

Technical Sentiment Signal: Buy

Current Market Cap: £186.1M

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

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