Published: January 13, 2026 at 9:05 am
Gamma Communications plc anticipates reporting FY25 financial performance in line with market expectations.
The FTSE 250 firm, a channel partner network connecting major technology vendors with tens of thousands of SMEs, large corporates and the public sector, has announced the launch of a share buyback programme within existing shareholder authorities of up to £42.5m in FY26 and an intention to launch a further £42.5m share buyback in FY27, returning up to £85m in aggregate.
Closing net debt at 31st December 2025 was £9.4m, compared with net cash of £153.7m a year earlier, following the acquisition of STARFACE in February 2025 for £152.2m, a share buyback of £45.1m (completed in H1 2025) and the payment of £18.9m of dividends in the year.
Gamma said it continues to generate significant operating cash flow with liquidity supported by its £130m multicurrency revolving credit facility, of which £97m remained undrawn, and will continue M&A activity when appropriate.
The firm has also announced the appointment of Chris Jagusz as a non-executive director.
Jagusz spent two decades at BT Group before holding senior executive positions at Eurotel, Daisy Group, SSE Telecoms (now Neos Networks) and Azzurri Communications. His most recent executive role was as CEO of Redcentric plc; since then, he has held roles at a number of private and private equity-backed companies and currently retains chair positions on smaller businesses which operate in the telecommunications and technology sectors.