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Gamma Communications Cancels Further Shares as Buyback Programme Progresses

Story Highlights
  • Gamma Communications repurchased 16,765 shares on 19 January 2026 under its ongoing buyback programme.
  • Following these cancellations, total voting rights fall to 92,076,967, slightly increasing remaining investors’ proportional stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gamma Communications Cancels Further Shares as Buyback Programme Progresses

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Gamma Communications ( (GB:GAMA) ) has shared an announcement.

Gamma Communications plc has continued its ongoing share buyback programme, repurchasing 16,765 ordinary shares on 19 January 2026 via Investec Bank at prices ranging between 904.00p and 915.00p, with a volume-weighted average price of 910.4482p. The company intends to cancel the newly repurchased shares, bringing total purchases under the current programme to 94,807 shares and reducing the number of shares in issue to 93,669,544, of which 1,592,577 are held in treasury. As a result, Gamma’s total voting rights now stand at 92,076,967, a figure the company highlighted as the new reference point for shareholders assessing disclosure thresholds under UK transparency rules, signalling an incremental tightening of its share capital and a modestly enhanced ownership stake for remaining investors.

The most recent analyst rating on (GB:GAMA) stock is a Buy with a £16.00 price target. To see the full list of analyst forecasts on Gamma Communications stock, see the GB:GAMA Stock Forecast page.

Spark’s Take on GB:GAMA Stock

According to Spark, TipRanks’ AI Analyst, GB:GAMA is a Outperform.

Gamma Communications scores well due to strong financial performance and positive corporate events, which indicate strategic growth and leadership confidence. However, technical analysis suggests some caution due to bearish momentum, and valuation metrics indicate the stock is fairly priced. These factors combined result in a moderate overall stock score.

To see Spark’s full report on GB:GAMA stock, click here.

More about Gamma Communications

Gamma Communications plc is a UK-listed provider of communications services, operating through ordinary shares traded on the London Stock Exchange. The company manages its capital structure in part through share buyback programmes, adjusting the number of shares in issue and voting rights available to investors.

Average Trading Volume: 355,013

Technical Sentiment Signal: Sell

Current Market Cap: £837.3M

Find detailed analytics on GAMA stock on TipRanks’ Stock Analysis page.

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