Oxford Metrics Executes Share Buyback to Optimize Capital Structure

An update from Oxford Metrics ( (GB:OMG) ) is now available.

Oxford Metrics announced a share buyback transaction, purchasing 55,195 ordinary shares at an average price of 53.9767 GBp per share. This move is part of its ongoing share buyback program, which aims to optimize the company’s capital structure and potentially enhance shareholder value. The transaction reduces the total number of shares in issue to 126,162,061, impacting the company’s voting rights and potentially influencing shareholder decisions.

More about Oxford Metrics

Oxford Metrics is a smart sensing and software company that bridges the gap between the real world and its virtual twin. With a customer base exceeding 10,000 across more than 70 countries, the company serves industries such as life sciences, entertainment, engineering, and smart manufacturing. Its market-leading divisions include Vicon, a leader in motion measurement analysis, Industrial Vision Systems, a specialist in machine vision software, and The Sempre Group, which focuses on solving manufacturing challenges. Established in 1984, Oxford Metrics is headquartered in Oxford and operates offices in the UK, US, and Germany.

YTD Price Performance: -4.49%

Average Trading Volume: 423,179

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £67.16M

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