Gamma Communications ( (GB:GAMA) ) has issued an update.
Gamma Communications PLC has announced the purchase of 100,000 of its own ordinary shares at a price of 1,280 GBp each as part of a buyback program. This transaction is part of a broader initiative, with the company having acquired a total of 600,000 shares since the program’s inception. The purchased shares are intended to be canceled, impacting the total voting rights and share count, which may influence shareholder calculations under regulatory guidelines.
More about Gamma Communications
Gamma Communications PLC operates in the telecommunications industry, providing a range of communication services and solutions. The company focuses on delivering unified communications, cloud telephony, and connectivity services primarily to businesses in the UK and Europe.
YTD Price Performance: -16.60%
Average Trading Volume: 348,785
Technical Sentiment Signal: Buy
Current Market Cap: £1.21B
For a thorough assessment of GAMA stock, go to TipRanks’ Stock Analysis page.