Vodafone ( (GB:VOD) ) has issued an announcement.
Vodafone Group Plc has announced the purchase of 5 million of its own ordinary shares from Goldman Sachs International as part of a previously announced share buyback program. This move is aimed at holding the shares in treasury, potentially impacting the company’s share value and market positioning by reducing the number of shares available in the market.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that offers a wide range of services including mobile, fixed-line, and broadband communications. The company operates globally, serving millions of customers with a focus on connectivity and digital services.
YTD Price Performance: 7.82%
Average Trading Volume: 95,064,435
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £18.41B
For a thorough assessment of VOD stock, go to TipRanks’ Stock Analysis page.