Big Technologies PLC ( (GB:BIG) ) just unveiled an update.
Big Technologies PLC announced the repurchase of 551,126 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Zeus Capital Limited, reflects the company’s strategic financial management. 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 optimizing shareholder value and maintaining a robust market position.
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 offers a comprehensive technology platform that includes both hardware and software for tracking individuals, primarily focusing on the criminal justice market. Their solutions are recognized for their accuracy, reliability, and cost-effectiveness, providing significant advantages over competitors.
YTD Price Performance: -50.14%
Average Trading Volume: 990,790
Technical Sentiment Signal: Buy
Current Market Cap: £196.5M
See more data about BIG stock on TipRanks’ Stock Analysis page.