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Oxford Metrics ( (GB:OMG) ) has provided an announcement.
Oxford Metrics has announced the purchase of 128,448 ordinary shares as part of its share buyback program, with prices ranging from 54.00 to 56.40 GBp. This move reduces the total number of shares in issue to 128,459,784, potentially impacting shareholder voting rights and the company’s market positioning. The buyback is part of a strategic effort to manage its capital structure and could influence stakeholder perceptions and market valuation.
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. The company operates in life sciences, entertainment, engineering, and smart manufacturing markets through divisions like Vicon, Industrial Vision Systems, and The Sempre Group. These divisions provide motion measurement analysis and machine vision software, benefiting industries such as aerospace, automotive, medical, and energy. Headquartered in Oxford, with offices in the UK, US, and Germany, Oxford Metrics has been publicly listed on AIM since 2001.
YTD Price Performance: -44.44%
Average Trading Volume: 607,593
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £72.3M
See more data about OMG stock on TipRanks’ Stock Analysis page.