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The latest announcement is out from Gamma Communications ( (GB:GAMA) ).
Gamma Communications has continued executing its previously announced share buyback programme, repurchasing 22,917 ordinary shares on 12 May 2026 at a volume‑weighted average price of about 904 pence and intending to cancel them. This lifts the total bought back under the programme to 1,640,425 shares and reduces the number of voting shares in issue to 90,545,401, a move that marginally enhances earnings per share and alters the denominator used by investors for disclosure thresholds.
The company, which has been in an offer period since early April, confirmed under Rule 2.9 of the Takeover Code that these 90,545,401 ordinary shares are its current voting share capital admitted to trading in London. By tightening its free float while potential corporate activity is under way, Gamma is signalling ongoing capital management discipline and providing clarity to shareholders and potential bidders over its updated share base and voting rights profile.
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 GAMA Stock
According to Spark, TipRanks’ AI Analyst, GAMA is a Neutral.
Overall score reflects strong underlying financial quality (growth, low leverage, and positive free cash flow) offset by very weak technical conditions (price well below key moving averages and depressed momentum indicators). Valuation is reasonable with a moderate P/E and supportive dividend yield.
To see Spark’s full report on GAMA stock, click here.
More about Gamma Communications
Gamma Communications is a U.K.-listed telecommunications and unified communications provider whose ordinary shares trade on the main market of the London Stock Exchange. The company focuses on delivering communications services to business customers and operates within the regulatory framework of the City Code on Takeovers and Mergers and the FCA’s transparency rules.
Average Trading Volume: 738,626
Technical Sentiment Signal: Sell
Current Market Cap: £836.5M
See more data about GAMA stock on TipRanks’ Stock Analysis page.