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Oxford Metrics ( (GB:OMG) ) has shared an announcement.
Oxford Metrics has executed a share buyback of 65,000 ordinary shares, priced at 49.00 GBp each, as part of its ongoing Share Buyback Programme. This transaction reflects the company’s strategic focus on optimizing its capital structure and may influence shareholder voting dynamics, as the total voting rights now stand at 126,942,209. The buyback could potentially enhance shareholder value and underscores Oxford Metrics’ commitment to financial maneuverability within its sector.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company that connects the real world with its virtual twin through innovative technology. Their products and services are utilized by over 10,000 customers across more than 70 countries, including top global universities and games companies. The company operates through divisions like Vicon, Industrial Vision Systems, and The Sempre Group, serving diverse sectors like healthcare, entertainment, defense, engineering, and smart manufacturing. Headquartered in Oxford, with offices in the UK, US, and Germany, Oxford Metrics is listed on the London Stock Exchange’s AIM market.
YTD Price Performance: -11.58%
Average Trading Volume: 425,771
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £63.44M
Learn more about OMG stock on TipRanks’ Stock Analysis page.