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The latest announcement is out from Zegona Communications ( (GB:ZEG) ).
Zegona Communications has continued its share buyback programme with the repurchase of 70,000 ordinary shares on 21 January 2026 at a volume-weighted average price of 1,597.56 pence, with prices ranging between 1,577.60 pence and 1,605.00 pence. The company plans to cancel these shares, reducing the number of ordinary shares in issue and the total voting rights to 233,523,302, a move that marginally enhances earnings per share and may signal management’s confidence in the company’s valuation while providing an updated denominator for investors’ disclosure obligations under UK transparency rules.
The most recent analyst rating on (GB:ZEG) stock is a Hold with a £1709.00 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, strengthening its presence in the European telecoms market.
Average Trading Volume: 578,693
Technical Sentiment Signal: Buy
Current Market Cap: £3.72B
For a thorough assessment of ZEG stock, go to TipRanks’ Stock Analysis page.