Oxford Metrics Executes Share Buyback, Reducing Share Count

Oxford Metrics ( (GB:OMG) ) just unveiled an update.

Oxford Metrics announced the purchase of 90,000 of its ordinary shares as part of its share buyback programme. This transaction, executed through Panmure Liberum Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. The buyback reduces the total number of shares in issue to 116,791,334, which may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:OMG) stock is a Buy with a £100.00 price target. To see the full list of analyst forecasts on Oxford Metrics stock, see the GB:OMG Stock Forecast page.

Spark’s Take on GB:OMG Stock

According to Spark, TipRanks’ AI Analyst, GB:OMG is a Neutral.

Oxford Metrics’ overall score is primarily influenced by its strong balance sheet and high dividend yield, which are offset by weak technical indicators and profitability challenges. The positive impact of share buybacks is noted but not directly factored into the score due to weight redistribution.

To see Spark’s full report on GB:OMG stock, click here.

More about Oxford Metrics

Oxford Metrics is a smart sensing and software company that facilitates the interface between the real and virtual worlds. It serves over 10,000 customers in more than 70 countries, including top gaming companies and universities. The company operates through divisions such as Vicon, Industrial Vision Systems, and The Sempre Group, providing motion measurement analysis, machine vision software, and precision measurement solutions across various industries. Headquartered in Oxford, it has offices in the UK, Ireland, the US, and Germany, and is listed on the AIM market of the London Stock Exchange.

Average Trading Volume: 531,151

Technical Sentiment Signal: Sell

Current Market Cap: £51.72M

For a thorough assessment of OMG stock, go to TipRanks’ Stock Analysis page.