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Gamma Communications Cancels Newly Repurchased Shares, Updates Voting Rights

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Gamma Communications Cancels Newly Repurchased Shares, Updates Voting Rights

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

Gamma Communications plc has repurchased 19,418 of its ordinary shares on 26 January 2026 via Investec Bank plc at a volume-weighted average price of 916.7948 pence per share, with prices ranging between 909.00 and 924.00 pence. The company intends to cancel these shares, bringing total repurchases under its ongoing buyback programme to 192,470 shares and leaving 93,571,881 shares in issue, of which 1,592,577 are held in treasury, resulting in 91,979,304 voting rights; the move reduces share capital and may enhance earnings per share while affecting the denominator used by investors to monitor and disclose changes in their holdings under UK transparency rules.

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 telecommunications company that issues ordinary shares of 0.25 pence each and is subject to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, reflecting its position as a regulated public company in the communications sector.

Average Trading Volume: 341,262

Technical Sentiment Signal: Sell

Current Market Cap: £856.4M

See more data about GAMA stock on TipRanks’ Stock Analysis page.

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