Gamma Communications Continues Buyback, Cancels Further 21,000 Shares

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

Gamma Communications has continued its ongoing share buyback programme, purchasing 21,000 ordinary shares on 5 February 2026 at prices between 902p and 915p per share, with a volume‑weighted average price of 906.7494p. The company intends to cancel these shares, bringing total repurchases under the current programme to 357,166 shares and leaving 93,407,185 shares in issue, of which 1,592,577 are held in treasury and 91,814,608 constitute total voting rights. The move marginally reduces the company’s share capital and is likely aimed at enhancing capital efficiency and shareholder value by concentrating earnings and voting power among 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 telecommunications company that provides communications and connectivity services, including voice, data and cloud solutions, primarily to business customers. Its shares trade on the London Stock Exchange, and the company actively manages its capital structure through share buyback programmes.

Average Trading Volume: 392,208

Technical Sentiment Signal: Sell

Current Market Cap: £841.4M

Learn more about GAMA stock on TipRanks’ Stock Analysis page.