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An update from Oxford Metrics ( (GB:OMG) ) is now available.
Oxford Metrics has announced the purchase of 109,000 of its ordinary shares as part of a share buyback programme. This transaction, executed through Numis Securities Limited, aligns with the company’s strategy to manage its share capital effectively. Following the buyback, the total number of ordinary shares in issue stands at 129,109,782. This move is part of a broader plan to optimize shareholder value and reflects the company’s confidence in its financial position and future prospects.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company that facilitates the interface between the real world and its virtual counterpart. It serves over 10,000 customers in more than 70 countries, with significant presence in life sciences, entertainment, engineering, and smart manufacturing sectors. Established in 1984, the company has expanded its expertise from healthcare into various industries, including entertainment, defence, and smart manufacturing. Its market-leading division, Vicon, specializes in motion measurement analysis, and Industrial Vision Systems focuses on machine vision software for automated quality control. The Sempre Group, a recent acquisition, addresses manufacturing challenges across industries. Headquartered in Oxford, the company has offices in the UK, US, and Germany and is listed on the AIM market of the London Stock Exchange.
YTD Price Performance: -44.86%
Average Trading Volume: 579,145
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £76.3M
For a thorough assessment of OMG stock, go to TipRanks’ Stock Analysis page.
