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Oxford Metrics ( (GB:OMG) ) has provided an update.
Oxford Metrics plc announced a share buyback transaction where it purchased 87,000 of its ordinary shares at a weighted average price of 56.2023 GBp per share. This move is part of the company’s ongoing strategy to enhance shareholder value and manage its capital structure effectively. Following this purchase, the total number of shares in issue is 128,007,588, impacting shareholders’ voting rights and potentially signaling confidence in the company’s market position.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company that connects the real world with its virtual twin. It serves over 10,000 customers in more than 70 countries, including top-tier games companies and universities worldwide. Founded in 1984, the company has expanded from healthcare into entertainment, defense, engineering, and smart manufacturing. It operates through its market-leading division Vicon, Industrial Vision Systems, and the recently acquired Sempre Group, providing motion measurement, machine vision, and measurement solutions to global clients.
YTD Price Performance: 1.08%
Average Trading Volume: 503,579
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £72.12M
For a thorough assessment of OMG stock, go to TipRanks’ Stock Analysis page.
