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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

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The latest announcement is out from Oxford Metrics ( (GB:OMG) ).

Oxford Metrics has announced the purchase of 91,528 of its ordinary shares as part of its ongoing share buyback programme. This move reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in issue. Following this transaction, the total number of shares in circulation is now 126,308,896, which will impact the company’s voting rights and shareholder notifications under regulatory frameworks.

More about Oxford Metrics

Oxford Metrics is a smart sensing and software company that connects the physical and virtual worlds, serving over 10,000 customers across more than 70 countries. It operates through divisions like Vicon, a leader in motion measurement analysis, and Industrial Vision Systems, specializing in machine vision software for quality control. The company also includes The Sempre Group, which focuses on measurement solutions in various industries. Founded in 1984, Oxford Metrics is headquartered in Oxford and listed on AIM of the London Stock Exchange.

YTD Price Performance: -6.28%

Average Trading Volume: 410,941

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £69.62M

For detailed information about OMG stock, go to TipRanks’ Stock Analysis page.

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