Oxford Metrics Executes Share Buyback to Boost Shareholder Value

Oxford Metrics ( (GB:OMG) ) has shared an update.

Oxford Metrics has announced a share buyback transaction, purchasing 25,000 of its ordinary shares at a price of 52.45 GBp each as part of its ongoing Share Buyback Programme. This move reduces the total number of shares in issue to 125,036,834, which could potentially enhance shareholder value and reflects the company’s confidence in its financial health and future prospects.

More about Oxford Metrics

Oxford Metrics is a smart sensing and software company that bridges the real world with its virtual twin, serving over 10,000 customers in more than 70 countries. Founded in 1984, the company operates in life sciences, entertainment, engineering, and smart manufacturing markets. It is renowned for its market-leading division Vicon, which specializes in motion measurement analysis, and its subsidiaries Industrial Vision Systems and The Sempre Group, which focus on machine vision software and precision measurement solutions respectively. The company is headquartered in Oxford, with offices in the UK, US, and Germany, and is listed on the AIM market of the London Stock Exchange.

YTD Price Performance: -5.57%

Average Trading Volume: 311,949

Technical Sentiment Signal: Buy

Current Market Cap: £66.16M

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