Oxford Metrics ( (GB:OMG) ) has issued an update.
Oxford Metrics announced a share buyback, purchasing 70,000 ordinary shares at a price of 52.00 GBp each. This move, part of their ongoing Share Buyback Programme, reduces the total number of shares in issue to 124,966,834, potentially impacting shareholder calculations under FCA rules. The buyback reflects the company’s strategic financial management, aiming to enhance shareholder value and optimize their capital structure.
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 global games companies and universities. Founded in 1984, the company has expanded from healthcare into entertainment, defense, engineering, and smart manufacturing. Its divisions include Vicon, a leader in motion measurement analysis, Industrial Vision Systems, a specialist in machine vision software, and The Sempre Group, a measurement specialist. Headquartered in Oxford, it has offices in the UK, US, and Germany, and is listed on AIM.
YTD Price Performance: -5.57%
Average Trading Volume: 311,949
Technical Sentiment Signal: Strong Buy
Current Market Cap: £66.16M
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