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Vodafone ( (GB:VOD) ) has shared an announcement.
Vodafone Group Plc announced the purchase of 5 million of its own ordinary shares from Goldman Sachs International, as part of a buyback program initiated in February 2025. The shares will be held in treasury, increasing Vodafone’s treasury holdings to over 2.2 billion shares. This move is part of Vodafone’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that provides a range of services including mobile and fixed-line communications, broadband, and television services. The company operates globally, with a significant presence in Europe and Africa, focusing on delivering connectivity and digital services to consumers and businesses.
YTD Price Performance: 2.75%
Average Trading Volume: 95,820,833
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £17.58B
Learn more about VOD stock on TipRanks’ Stock Analysis page.