Zegona Communications share price rises on buyback update — what investors watch next
Zegona shares rose about 2% to 1,570 pence in London on Monday after the company repurchased 180,000 shares as part of its buyback program. The shares will be cancelled, reducing the total to 233,801,302. Investors remain focused on the pace of capital returns and the company’s debt costs after its Vodafone Spain acquisition.