An announcement from Big Technologies PLC ( (GB:BIG) ) is now available.
Big Technologies PLC announced the repurchase of 49,286 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Zeus Capital Limited, reflects the company’s strategic financial management aimed at enhancing shareholder value. The buyback does not alter the company’s issued share capital but adjusts the total voting rights, potentially impacting shareholder calculations under FCA rules. This move underscores Big Technologies’ commitment to maintaining a robust financial position while continuing to leverage its technological leadership in the remote monitoring industry.
More about Big Technologies PLC
Big Technologies PLC, founded in 2005, is a UK-based company specializing in remote personal monitoring solutions, primarily serving the criminal justice market. The company, under its well-known brand ‘Buddi’, offers integrated technology platforms including hardware and software for electronic monitoring, providing state-of-the-art solutions on a subscription basis. Their products, such as the Buddi Smart Tag and Buddi Eagle software, are recognized for their accuracy, reliability, and cost-saving benefits, making them a preferred choice in the industry.
YTD Price Performance: -45.07%
Average Trading Volume: 278,169
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £220M
See more data about BIG stock on TipRanks’ Stock Analysis page.