tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Gamma Communications Continues Share Buyback, Cancels Additional Shares

Story Highlights
  • Gamma Communications bought 19,819 shares on 21 January 2026 under its ongoing buyback programme.
  • After cancellations, the company will have 92,037,376 voting shares in issue, marginally boosting remaining holders’ stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gamma Communications Continues Share Buyback, Cancels Additional Shares

Claim 50% Off TipRanks Premium

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

Gamma Communications plc has continued its share buyback programme, purchasing 19,819 ordinary shares on 21 January 2026 at prices between 885p and 895p per share, with a volume-weighted average price of 890.8890p, through Investec Bank. The company plans to cancel these shares, bringing total repurchases under the current programme to 134,398 shares and leaving 93,629,953 ordinary shares in issue, of which 1,592,577 are held in treasury, resulting in 92,037,376 voting rights and a modestly enhanced ownership stake for remaining shareholders.

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, with its ordinary shares traded on the London Stock Exchange.

Average Trading Volume: 341,550

Technical Sentiment Signal: Sell

Current Market Cap: £816.9M

For a thorough assessment of GAMA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1