Gamma Communications Continues Share Buyback, Cancels Additional Shares

Gamma Communications ( (GB:GAMA) ) has provided an announcement.

Gamma Communications has continued its share buyback programme, purchasing 19,788 of its own ordinary shares on 16 January 2026 through Investec Bank at prices ranging between 888p and 921p, with a volume-weighted average price of 912.4910p. The company plans to cancel these shares, bringing total repurchases under the current programme to 78,042 shares and leaving 93,686,309 ordinary shares in issue, of which 1,592,577 are held in treasury, resulting in 92,093,732 voting rights; the move marginally reduces the free float and may be seen as a signal of management confidence and a shareholder-return measure via capital reduction.

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 and unified communications provider, offering voice, data and cloud services primarily to business customers. The company focuses on the UK and European markets, providing communications infrastructure and related services to enterprise and channel partners.

Average Trading Volume: 354,656

Technical Sentiment Signal: Sell

Current Market Cap: £837.3M

For an in-depth examination of GAMA stock, go to TipRanks’ Overview page.