Gamma Communications ( (GB:GAMA) ) has issued an update.
Gamma Communications PLC announced the purchase of 325,000 of its ordinary shares as part of a buyback program. The shares were acquired at a volume-weighted average price of 1,275.94 GBp and will be canceled, reducing the total number of shares in circulation and potentially increasing shareholder value.
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 to businesses across various sectors.
YTD Price Performance: -17.39%
Average Trading Volume: 376,522
Technical Sentiment Signal: Buy
Current Market Cap: £1.2B
For an in-depth examination of GAMA stock, go to TipRanks’ Stock Analysis page.