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Oxford Metrics ( (GB:OMG) ) has shared an announcement.
Oxford Metrics announced a share buyback transaction, purchasing 65,000 of its ordinary shares at an average price of 49.1462 GBp each, as part of its ongoing share buyback programme. This move reduces the total number of shares in issue to 126,758,747, impacting shareholder calculations under FCA’s rules. This buyback could potentially enhance shareholder value and reflect confidence in the company’s market position in smart sensing and software across various sectors.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company that interfaces the real world with its virtual twin, serving over 10,000 customers in more than 70 countries. Founded in 1984, the company has a strong presence in healthcare, entertainment, defense, engineering, and smart manufacturing, boasting prestigious clients such as Red Bull, NASA, and Jaguar Land Rover. The Group operates through divisions like Vicon and Industrial Vision Systems, and has recently acquired The Sempre Group, expanding its capabilities in motion measurement analysis and machine vision technology.
YTD Price Performance: -11.67%
Average Trading Volume: 411,100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £62.99M
See more data about OMG stock on TipRanks’ Stock Analysis page.
