Gamma Communications (GB:GAMA) has released an update.
Gamma Communications plc has recently executed a share buyback, purchasing 19,890 of its ordinary shares at prices ranging from 1,308 to 1,320 pence per share, with the intention of holding these shares in treasury. The company now has 393,341 treasury shares and a total of 97,107,048 ordinary shares in circulation, excluding the treasury shares. The buyback forms part of a programme announced last month, reflecting the company’s confidence in its financial stability and commitment to shareholder value.
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