Big Technologies PLC ( (GB:BIG) ) has issued an update.
Big Technologies PLC announced the repurchase of 25,000 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 standing at 295,716,819. The buyback reflects the company’s strategic financial management, potentially enhancing shareholder value and signaling confidence in its market position. The company plans to continue its buyback program, which may influence its stock liquidity and stakeholder interests.
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, which provides innovative electronic monitoring solutions primarily for the criminal justice market. The company’s offerings include hardware and software solutions for real-time tracking, with a focus on accuracy and cost-effectiveness. Their products, such as the Buddi Smart Tag and Buddi Eagle software, are known for their superior design and functionality, contributing to strong revenue growth.
YTD Price Performance: -24.28%
Average Trading Volume: 138,875
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £310.7M
Find detailed analytics on BIG stock on TipRanks’ Stock Analysis page.