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The latest announcement is out from Vodafone ( (GB:VOD) ).
Vodafone Group Plc has announced the repurchase of 9.4 million of its ordinary shares, executed through Citigroup Global Markets Limited. These shares, bought under a previously announced program, are intended to be held in treasury, impacting the company’s share structure by increasing treasury holdings to over 1.74 billion shares, while maintaining over 25.49 billion shares in circulation. This move is part of Vodafone’s strategic financial management, potentially affecting shareholder value and market perception.
More about Vodafone
Vodafone Group Plc is a global telecommunications company that provides a range of services including mobile and fixed voice, messaging, data, and broadband services. The company has a significant market focus on both consumer and enterprise sectors, aiming to enhance connectivity and digital services worldwide.
Average Trading Volume: 78,397,053
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £17.43B
See more data about VOD stock on TipRanks’ Stock Analysis page.
