Gamma Communications Cancels Further Shares in Ongoing Buyback

Gamma Communications ( (GB:GAMA) ) just unveiled an announcement.

Gamma Communications has continued its share buyback programme, repurchasing 20,939 ordinary shares on 20 February 2026 via Investec Bank at prices between 866p and 883p, with a volume-weighted average price of 874.9697p. The company plans to cancel these shares as part of its ongoing capital management strategy.

Following this latest tranche, Gamma has bought back 585,005 shares since the programme began, leaving 93,179,346 ordinary shares in issue, of which 1,589,320 are held in treasury. Total voting rights now stand at 91,590,026, slightly increasing existing shareholders’ relative ownership and providing an updated denominator for regulatory disclosure thresholds.

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 is a UK-based telecommunications and unified communications provider, supplying voice, data and cloud services to business customers. Listed in London, it focuses on recurring revenue from connectivity and communications solutions for enterprises and channel partners across the UK and Europe.

Average Trading Volume: 357,866

Technical Sentiment Signal: Sell

Current Market Cap: £793.7M

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