Gamma Communications ( (GB:GAMA) ) just unveiled an update.
Gamma Communications PLC announced the purchase of 50,000 of its ordinary shares as part of a buyback program initiated on 25 March 2025. The shares were bought at a price of 1,186 GBp each and will be canceled, reducing the total number of shares in circulation. This move is part of a broader strategy to optimize the company’s capital structure and potentially enhance shareholder value. Following this transaction, Gamma has acquired a total of 1,169,000 shares under the buyback program, impacting the total voting rights and share calculations for stakeholders.
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, connectivity, and cloud-based services to businesses, enhancing their communication infrastructure.
YTD Price Performance: -23.92%
Average Trading Volume: 461,188
Technical Sentiment Signal: Buy
Current Market Cap: £1.1B
Find detailed analytics on GAMA stock on TipRanks’ Stock Analysis page.