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Big Technologies PLC Advances Share Buyback Program
Company Announcements

Big Technologies PLC Advances Share Buyback Program

Story Highlights
  • Big Technologies operates in remote personal monitoring, focusing on criminal justice.
  • The company repurchased 38,161 shares, maintaining market position and shareholder value.
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Big Technologies PLC ( (GB:BIG) ) has provided an announcement.

Big Technologies PLC announced the repurchase of 38,161 ordinary shares as part of its ongoing share buyback program, initially announced in September 2024. This transaction does not change the company’s issued share capital but adjusts the total voting rights to 296,825,951, potentially affecting shareholder notifications under the FCA’s rules. The share buyback reflects the company’s strategic financial management, maintaining its market position while optimizing shareholder value.

More about Big Technologies PLC

Big Technologies PLC, the parent company of Buddi, operates in the remote personal monitoring industry. Founded in 2005, it is known for its innovative products and services, notably the Buddi brand, which serves the criminal justice market. The company provides integrated technology platforms for electronic monitoring, featuring hardware like the Buddi Smart Tag and software solutions such as Buddi Eagle to offer real-time tracking and substantial cost savings.

YTD Price Performance: -6.88%

Average Trading Volume: 184,904

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £397.8M

Find detailed analytics on BIG stock on TipRanks’ Stock Analysis page.

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