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The latest announcement is out from Oxford Metrics ( (GB:OMG) ).
Oxford Metrics announced the repurchase of 51,638 of its ordinary shares as part of its ongoing share buyback programme. The transaction, executed through Numis Securities Limited, involved prices ranging from 51.20 to 51.40 GBp per share. This move reduces the total number of ordinary shares in issue to 127,250,795, influencing shareholder calculations under FCA rules. The share buyback reflects the company’s strategic financial management and potentially strengthens its market position by consolidating ownership.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company that facilitates the interaction between the real and virtual worlds, serving over 10,000 customers across more than 70 countries. Established in 1984, the company has expanded from healthcare into various sectors including entertainment, engineering, and smart manufacturing. Notably, it has received accolades such as an Oscar and an Emmy, and operates through divisions like Vicon and Industrial Vision Systems, as well as the recently acquired Sempre Group. Headquartered in Oxford, it has offices in the UK, USA, and Germany, and is listed on AIM.
YTD Price Performance: -8.44%
Average Trading Volume: 439,817
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £64.98M
Learn more about OMG stock on TipRanks’ Stock Analysis page.
