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Oxford Metrics Executes Share Buyback to Optimize Capital Structure

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Oxford Metrics Executes Share Buyback to Optimize Capital Structure

Oxford Metrics ( (GB:OMG) ) has issued an announcement.

Oxford Metrics has announced the purchase of 75,000 of its own ordinary shares as part of its ongoing share buyback programme. This transaction, conducted through Numis Securities Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following this buyback, the total number of shares in issue stands at 125,845,613, with no shares held in treasury, impacting the company’s voting rights and shareholder notifications under regulatory guidelines.

More about Oxford Metrics

Oxford Metrics is a smart sensing and software company that bridges the real world with its virtual twin, serving over 10,000 customers in more than 70 countries. The company operates through its divisions Vicon, Industrial Vision Systems, and The Sempre Group, providing motion measurement analysis, machine vision software, and measurement solutions across various industries including aerospace, automotive, and healthcare. Founded in 1984, Oxford Metrics is headquartered in Oxford and is listed on AIM, a market operated by the London Stock Exchange.

YTD Price Performance: 0.54%

Average Trading Volume: 386,697

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £70.59M

Learn more about OMG stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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