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Oxford Metrics Executes Share Buyback to Strengthen Financial Position
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Oxford Metrics Executes Share Buyback to Strengthen Financial Position

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

Oxford Metrics announced the purchase of 36,103 of its ordinary shares as part of its ongoing share buyback program, resulting in a total of 127,909,009 shares in issue. This transaction aligns with the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to maintaining a robust financial position.

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. Founded in 1984, the company has expanded from healthcare into entertainment, defense, engineering, and smart manufacturing, earning prestigious awards such as an Oscar and an Emmy. The Group operates through its divisions including Vicon, a leader in motion measurement analysis, Industrial Vision Systems, a specialist in machine vision software, and The Sempre Group, a measurement expert in manufacturing. Headquartered in Oxford, with offices in the UK, US, and Germany, Oxford Metrics has been publicly traded on the AIM market of the London Stock Exchange since 2001.

YTD Price Performance: 2.33%

Average Trading Volume: 500,782

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £72.71M

See more insights into OMG stock on TipRanks’ Stock Analysis page.

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