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CML Microsystems ( (GB:CML) ) has shared an announcement.
CML Microsystems announced the purchase of 10,000 ordinary shares at £2.60 each, to be held in treasury, aligning with shareholder authority from the 2024 AGM. This transaction adjusts the company’s total voting rights to 16,065,859 shares, providing a basis for shareholders to calculate interests under FCA’s rules.
More about CML Microsystems
CML Microsystems Plc is a company specializing in the development of mixed-signal, RF, and microwave semiconductors for global communications markets. They focus on high-growth sub-segments within the communication industry and have a broad customer base including leading commercial and industrial manufacturers. The company benefits from a diverse product range that mitigates typical semiconductor market fluctuations, driven by increasing demands for faster, more secure data transmission, telecom infrastructure upgrades, and the expansion of private commercial wireless networks linked to the industrial Internet of Things (IIoT). CML is cash-generative, debt-free, and pays dividends.
YTD Price Performance: -26.92%
Average Trading Volume: 27,867
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £42.2M
For detailed information about CML stock, go to TipRanks’ Stock Analysis page.