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Zegona Communications ( (GB:ZEG) ) just unveiled an update.
Zegona Communications has continued executing its previously announced share buyback programme, repurchasing 56,000 ordinary shares on 8 January 2026 at a volume-weighted average price of 1,332.23 pence via Canaccord Genuity. The company intends to cancel these shares, reducing its share count to 234,556,302 and setting the new total of voting rights at the same level, a move that marginally enhances earnings per share and may support shareholder value while providing an updated denominator for investors’ regulatory 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 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. Led by former Virgin Media executives Eamonn O’Hare and Robert Samuelson, the group expanded its operational footprint in 2024 through the acquisition of Vodafone Spain, positioning itself as an active consolidator in the regional telecoms market.
Average Trading Volume: 490,369
Technical Sentiment Signal: Buy
Current Market Cap: £10.16B
Learn more about ZEG stock on TipRanks’ Stock Analysis page.