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Vodafone ( (GB:VOD) ) has issued an update.
Vodafone Group Plc has announced the purchase of 12.3 million of its ordinary shares from Citigroup Global Markets Limited as part of a previously announced share buyback program. The acquisition is part of Vodafone’s strategy to hold shares in treasury, potentially impacting shareholder value and market perception by reducing the number of shares available in the market.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company, providing a range of services including mobile and fixed-line connectivity, as well as digital and cloud-based solutions. The company has a significant market presence globally, focusing on enhancing communication for both individual consumers and businesses.
YTD Price Performance: 4.80%
Average Trading Volume: 77,984,994
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £17.01B
See more insights into VOD stock on TipRanks’ Stock Analysis page.
