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Oxford Metrics ( (GB:OMG) ) has issued an update.
Oxford Metrics announced the purchase of 300,000 of its ordinary shares as part of its share buyback program, executed through Numis Securities Limited at a price of 58.00 GBp per share. This transaction reduces the total number of shares in circulation to 128,712,942, which will affect shareholder voting calculations under the FCA’s guidelines. This move is part of the company’s strategic financial management, potentially enhancing shareholder value and reflecting confidence in its market position.
More about Oxford Metrics
Oxford Metrics is a smart sensing and software company that operates across life sciences, entertainment, engineering, and smart manufacturing markets. Founded in 1984, it serves over 10,000 customers in more than 70 countries, including top global games companies and universities. The company is known for its market-leading divisions such as Vicon, which specializes in motion measurement analysis, Industrial Vision Systems for machine vision software, and The Sempre Group, which addresses manufacturing challenges. Headquartered in Oxford, it has offices in the UK, US, and Germany, and is listed on the AIM market of the London Stock Exchange.
YTD Price Performance: -42.66%
Average Trading Volume: 601,876
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £74.83M
For a thorough assessment of OMG stock, go to TipRanks’ Stock Analysis page.