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Gamma Communications Executes Share Buyback Program

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An update from Gamma Communications ( (GB:GAMA) ) is now available.

Gamma Communications PLC has executed a share buyback program, purchasing 500,000 of its ordinary shares at an average price of 1,253.74 GBp per share. This move reduces the total number of shares in circulation, potentially increasing shareholder value and reflecting confidence in the company’s financial health.

More about Gamma Communications

Gamma Communications PLC operates in the telecommunications industry, focusing on providing unified communications services and solutions. The company primarily serves business customers with products such as voice, data, and mobile services, targeting a broad market across the UK and Europe.

YTD Price Performance: -17.65%

Average Trading Volume: 326,808

Technical Sentiment Signal: Buy

Current Market Cap: £1.21B

Learn more about GAMA stock on TipRanks’ Stock Analysis page.

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