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Oxford Metrics ( (GB:OMG) ) has shared an update.
Oxford Metrics announced the repurchase of 103,517 of its ordinary shares as part of its share buyback program, reducing its total shares in issue to 128,216,267. This transaction reflects the company’s strategic financial management to enhance shareholder value and potentially influence its market positioning by optimizing its capital structure.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company, providing services to life sciences, entertainment, engineering, and smart manufacturing markets. It operates through divisions such as 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. The company, founded in 1984 and headquartered in Oxford, has expanded globally with a presence in the UK, US, and Germany, and is listed on the London Stock Exchange’s AIM market.
YTD Price Performance: -47.80%
Average Trading Volume: 534,380
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £67.75M
For detailed information about OMG stock, go to TipRanks’ Stock Analysis page.
