Vodafone (GB:VOD) has released an update.
Vodafone Group Plc has announced the purchase of 8 million of its own ordinary shares at prices ranging from 76.10 to 76.90 pence per share, under a pre-announced Programme with Goldman Sachs International. The shares will be held in treasury, and following this transaction, Vodafone’s treasury holds over 2 billion shares with around 26 billion shares in issue excluding those in treasury. This buyback activity is part of Vodafone’s ongoing capital management strategy.
For further insights into GB:VOD stock, check out TipRanks’ Stock Analysis page.
