Big Technologies PLC Engages in Strategic Share Buyback

Big Technologies PLC ( (GB:BIG) ) has provided an announcement.

Big Technologies PLC has completed a transaction in its own shares by purchasing 34,832 ordinary shares as part of its ongoing share buyback program. This move, executed through Zeus Capital Limited, aims to optimize the company’s capital structure. The total voting rights have been adjusted accordingly, but the company’s issued share capital remains unchanged. This buyback reflects Big Technologies’ strategic efforts to enhance shareholder value amid growing demand in the criminal justice market for its advanced monitoring solutions.

More about Big Technologies PLC

Big Technologies PLC is a UK-based company specializing in remote personal monitoring technology. It is the parent company of Buddi, a well-known brand within the criminal justice sector, offering electronic monitoring solutions such as the Buddi Smart Tag and Buddi Eagle software. These products are designed for real-time tracking and provide significant cost savings with their high accuracy and reliability. The company primarily focuses on the criminal justice market, providing an integrated technology platform on a subscription basis.

YTD Price Performance: -6.52%

Average Trading Volume: 177,858

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £375.8M

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