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Oxford Metrics ( (GB:OMG) ) has shared an announcement.
Oxford Metrics plc announced the purchase of 140,000 ordinary shares as part of its share buyback program, reducing the total shares in issue to 128,319,784. This move is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value and reflecting confidence in its market position. These actions could have implications for stakeholders regarding voting rights and shareholding percentages.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. It serves over 10,000 customers across more than 70 countries, including top gaming companies and universities worldwide. Founded in 1984, the company has expanded from healthcare into entertainment, defense, engineering, and smart manufacturing. It operates through divisions like Vicon, a leader in motion measurement analysis, Industrial Vision Systems, specializing in machine vision software, and The Sempre Group, focusing on measurement solutions for manufacturing. Headquartered in Oxford, with offices in the UK, US, and Germany, Oxford Metrics is listed on AIM of the London Stock Exchange.
YTD Price Performance: -46.82%
Average Trading Volume: 613,538
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £69.18M
Find detailed analytics on OMG stock on TipRanks’ Stock Analysis page.
