Gamma Communications (GAMA): Share buyback programmes

This situation live

£984m · £10.91 · +24% since the first step

Capital return

Share buyback programmes

Suspended pending the offer

Every step · 4

13 Jan 2026 FY2026 £42.5m buyback launched – the Board is today announcing the launch of a share buyback programme within existing shareholder authorities of up to £42.5m in FY 2026 and an intention to... ↗
24 Mar 2026 FY2026 buyback under way; FY2027 intended – In January 2026, we announced an intention to launch further share buybacks during FY 2026 and FY 2027. ↗
13 May 2026 FY2026 buyback under way – This was after the expected cash outflows of £12.1m for the share buyback programme to the end of April ↗
7 Sep 2026 Suspended pending the offer – The share buyback programme announced on 13 January 2026 is currently suspended, as the current share price is not within certain pre-set parameters agreed... ↗

What is happening

Gamma Communications: Share buyback programmes – Suspended pending the offer. ['Suspended pending the offer']

In short: The Board launched a buyback of up to £42.5m for FY2026 on 13 January 2026. Buybacks of £21.1m had been completed as at the end of June 2026. In the 7 September 2026 results the programme is stated as suspended, because the share price is outside the pre-set parameters agreed with Investec, after the offer.
Announced: 13 Jan 2026 · FY2026 £42.5m buyback launched
Latest: 7 Sep 2026 · Suspended pending the offer
Size: Up to £42.5m in FY2026
Spent to date: £21.1m as at end of June 2026
Net debt: £3.8m at 30 June 2026 (31 December 2025: £9.3m)
Status: Suspended; share price outside pre-set parameters agreed with Investec Bank plc

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

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