CML Microsystems (GB:CML) has released an update.
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CML Microsystems PLC, a developer of semiconductors for the global communications market, has announced the repurchase of 90,000 of its own shares, to be held in Treasury, reflecting a proactive approach to managing its share capital. Following the transaction, the total number of voting rights in the company stands at 16,015,079 ordinary shares. The company, known for targeting high-growth market sub-segments with high entry barriers, highlighted its robust financial health with a debt-free status and a commitment to paying dividends.
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