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Vodafone ( (GB:VOD) ) has provided an announcement.
Vodafone has repurchased 10,617,979 of its ordinary shares as part of a previously announced buyback programme, with the shares acquired from Citigroup Global Markets Limited and intended to be held in treasury. This transaction signifies Vodafone’s strategic decision to manage its share capital, which may positively impact shareholder value and reflect the company’s confidence in its financial health.
More about Vodafone
Vodafone Group Plc is a major telecommunications company that provides a wide range of services, including mobile, fixed-line, and broadband connectivity. The company operates globally, with a focus on enhancing digital experiences for customers and businesses, and is committed to maintaining a strong presence in the telecommunications industry.
YTD Price Performance: 6.12%
Average Trading Volume: 79,172,124
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £17.2B
For detailed information about VOD stock, go to TipRanks’ Stock Analysis page.
