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Vodafone ( (GB:VOD) ) has provided an update.
Vodafone Group Plc has announced the purchase of 33,860,675 of its own ordinary shares from Goldman Sachs International as part of a buyback program. This transaction, completed on 12 February 2025, is part of Vodafone’s ongoing strategy to manage its capital structure effectively, holding the acquired shares in treasury. The move underscores Vodafone’s focus on optimizing shareholder value and managing its extensive share base, which now stands at over 25 billion shares in issue, excluding treasury shares.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that operates globally, providing mobile, fixed-line, and broadband services. It is known for its extensive network coverage and innovative solutions in the telecommunications industry, focusing on enhancing connectivity for individuals and businesses worldwide.
YTD Price Performance: -0.12%
Average Trading Volume: 95,749,682
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.55B
For an in-depth examination of VOD stock, go to TipRanks’ Stock Analysis page.
