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Vodafone ( (GB:VOD) ) has shared an update.
Vodafone Group Plc announced the completion of a share buyback program, purchasing nearly 9.9 million ordinary shares from Citigroup Global Markets Limited. The transaction, part of an irrevocable program initiated in November 2024, aims to hold the acquired shares in treasury, reflecting a strategic move to manage its capital structure. The buyback’s completion signifies a significant operational milestone for Vodafone, potentially enhancing shareholder value and market positioning.
More about Vodafone
Vodafone Group Plc is a multinational telecommunications company operating in the telecom industry. It provides a range of services including mobile and fixed-line telephony, broadband, and digital TV services. Vodafone has a significant market presence across Europe and other regions, focusing on connecting people and businesses through network services.
YTD Price Performance: 1.96%
Average Trading Volume: 88,211,209
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £17.69B
For an in-depth examination of VOD stock, go to TipRanks’ Stock Analysis page.
