Vodafone Executes Share Buyback Program with Goldman Sachs

Vodafone ( (GB:VOD) ) has issued an announcement.

Vodafone Group Plc announced the purchase of 3,000,000 of its ordinary shares from Goldman Sachs International as part of a previously announced buyback program. The shares, bought at an average price of 75.32 pence per share, will be held in treasury. This transaction is part of Vodafone’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock liquidity and market perception.

More about Vodafone

Vodafone Group Plc is a leading telecommunications company that provides a wide range of services including mobile, fixed-line, broadband, and television services. The company operates globally, with a strong presence in Europe, Africa, and Asia, focusing on delivering connectivity and digital services to both consumers and businesses.

YTD Price Performance: 10.54%

Average Trading Volume: 95,617,914

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £18.87B

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