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The latest update is out from Vodafone ( (GB:VOD) ).
Vodafone Group Plc announced the purchase of 13,000,000 of its ordinary shares as part of a buyback program executed through Citigroup Global Markets Limited. The shares, acquired at a volume-weighted average price of 67.87 pence, will be held in treasury, which affects the company’s outstanding share count and can potentially influence shareholder value by reducing the number of shares available in the market.
More about Vodafone
Vodafone Group Plc operates in the telecommunications industry, providing a wide range of services including mobile, fixed-line, and broadband communications. As a leading player in the global market, Vodafone focuses on delivering connectivity and digital solutions to consumers and businesses worldwide.
YTD Price Performance: 7.78%
Average Trading Volume: 75,954,939
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.53B
Find detailed analytics on VOD stock on TipRanks’ Stock Analysis page.
