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Gamma Communications Continues Buyback, Cuts Free-Float Shares

Story Highlights
  • Gamma Communications repurchased 20,765 shares as part of its ongoing buyback and will cancel them to optimise its capital structure.
  • Total shares bought back now reach 626,634, leaving 91,548,397 voting rights outstanding and updating disclosure calculations for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gamma Communications Continues Buyback, Cuts Free-Float Shares

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An update from Gamma Communications ( (GB:GAMA) ) is now available.

Gamma Communications has continued its share buyback programme, repurchasing 20,765 ordinary shares on 24 February 2026 via Investec Bank at prices between 876p and 890p, with a volume-weighted average price of 883.4047p. The company plans to cancel these shares, reflecting an ongoing effort to manage its capital structure and potentially enhance earnings per share.

Including this latest transaction, Gamma has bought back 626,634 shares since the programme began and will have 93,137,717 shares in issue, of which 1,589,320 are held in treasury, leaving 91,548,397 voting rights outstanding. The updated share count and voting rights figure will guide investors in assessing their holdings for regulatory disclosure thresholds 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-based telecommunications and unified communications provider, supplying voice, data and cloud-based services to businesses. Listed on the London Stock Exchange, the company focuses on delivering connectivity and communication solutions to enterprise and channel partners across its core markets.

Average Trading Volume: 365,111

Technical Sentiment Signal: Sell

Current Market Cap: £808.6M

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

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