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Zegona Communications ( (GB:ZEG) ) just unveiled an announcement.
Zegona Communications has continued to execute its share buyback programme by repurchasing 80,000 ordinary shares on 7 January 2026 at a volume-weighted average price of 1,341.55 pence, with the trades carried out through Canaccord Genuity Limited. The company intends to cancel these shares, reducing the number of ordinary shares and voting rights in issue to 234,612,302, a move that tightens its share capital and may enhance earnings per share while providing a new reference point for investors’ and regulators’ disclosure calculations under UK transparency rules.
The most recent analyst rating on (GB:ZEG) stock is a Hold with a £1438.00 price target. To see the full list of analyst forecasts on Zegona Communications stock, see the GB:ZEG Stock Forecast page.
Spark’s Take on GB:ZEG Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEG is a Neutral.
The score is driven primarily by mixed financials: very strong free cash flow and solid EBITDA profitability, but materially offset by high leverage and ongoing net losses. Technicals are a secondary positive, showing a clear uptrend with supportive momentum. Valuation confidence is limited due to missing P/E and dividend yield data.
To see Spark’s full report on GB:ZEG stock, click here.
More about Zegona Communications
Zegona Communications plc is a London-listed investment company focused on acquiring and improving businesses in the European telecommunications, media and technology sector to generate attractive shareholder returns. Established in 2015 and led by former Virgin Media executives Eamonn O’Hare and Robert Samuelson, Zegona expanded its portfolio in 2024 with the acquisition of Vodafone Spain, underscoring its strategic emphasis on telecom operations in major European markets.
Average Trading Volume: 490,369
Technical Sentiment Signal: Buy
Current Market Cap: £10.16B
See more data about ZEG stock on TipRanks’ Stock Analysis page.