Oxford Metrics Enhances Capital Structure with Share Buyback

Oxford Metrics ( (GB:OMG) ) has shared an update.

Oxford Metrics announced the purchase of 69,026 of its own ordinary shares as part of its share buyback programme, an initiative aimed at optimizing the capital structure and enhancing shareholder value. This move reduces the total number of shares in issue to 126,239,870, providing shareholders a new figure to calculate their interest under regulatory guidelines. The share buyback reflects the company’s strategic focus on maintaining a balanced capital allocation policy, potentially impacting its market positioning by signaling confidence in its growth prospects and financial health.

More about Oxford Metrics

Oxford Metrics is a smart sensing and software company that facilitates the interaction between the real and virtual worlds. It serves over 10,000 customers across more than 70 countries, including leading gaming companies and top-ranked universities. The company operates through divisions like Vicon, a leader in motion measurement, and Industrial Vision Systems, a specialist in machine vision software. Oxford Metrics provides solutions for industries such as entertainment, defense, engineering, and smart manufacturing. Headquartered in Oxford with offices in the UK, US, and Germany, it has been listed on the AIM market of the London Stock Exchange since 2001.

YTD Price Performance: -5.75%

Average Trading Volume: 421,768

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £66.31M

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