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Oxford Metrics ( (GB:OMG) ) has shared an announcement.
Oxford Metrics announced the purchase of 33,904 ordinary shares as part of its ongoing share buyback program. This strategic move aims to optimize the company’s capital structure and is expected to impact its market positioning by potentially increasing shareholder value and voting rights distribution. The transaction, carried out through Numis Securities Limited, was completed at a volume-weighted average price of 51.2380 GBp per share, resulting in a new total of 127,302,433 ordinary shares in issue.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company operating across life sciences, entertainment, engineering, and smart manufacturing markets. The company, founded in 1984, has a strong presence globally, with over 10,000 customers in more than 70 countries. It is known for its motion measurement analysis through its division Vicon, and specializes in machine vision software through Industrial Vision Systems. The Sempre Group, recently acquired by Oxford Metrics, focuses on measurement solutions for manufacturing challenges. The company is headquartered in Oxford, UK, with offices in the US and Germany, and is listed on AIM, a market operated by the London Stock Exchange.
YTD Price Performance: -8.44%
Average Trading Volume: 439,817
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £64.98M
For detailed information about OMG stock, go to TipRanks’ Stock Analysis page.
