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Zegona Communications ( (GB:ZEG) ) has issued an announcement.
Zegona Communications PLC announced a share buyback transaction, purchasing 125,000 of its ordinary shares at a volume-weighted average price of 1434.60 pence per share. The company intends to cancel these shares, which will result in a total of 759,084,905 ordinary shares in issue, impacting the voting rights calculations for shareholders and stakeholders under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:ZEG) stock is a Buy with a £18.00 price target. To see the full list of analyst forecasts on Zegona Communications stock, see the GB:ZEG Stock Forecast page.
More about Zegona Communications
Zegona Communications PLC is a publicly listed company on the Main Market of the London Stock Exchange, established in 2015. It focuses on investing in businesses within the European Telecommunications, Media, and Technology sector, aiming to enhance their performance for attractive shareholder returns. The company is led by former Virgin Media executives Eamonn O’Hare and Robert Samuelson and completed the acquisition of Vodafone Spain in 2024.
Average Trading Volume: 441,852
Technical Sentiment Signal: Buy
Current Market Cap: £10.97B
See more insights into ZEG stock on TipRanks’ Stock Analysis page.