Vodafone Boosts Treasury with Major Share Buyback

Vodafone (GB:VOD) has released an update.

Vodafone Group Plc has repurchased 16.9 million of its ordinary shares, priced between 70.62 and 71.42 pence, from Citigroup Global Markets Limited. This buyback increases Vodafone’s treasury holdings to over 2.3 billion shares, aiming to manage its capital structure effectively. Such transactions are often closely watched by investors as they can influence stock prices and signals confidence in the company’s financial health.

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