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Vodafone ( (GB:VOD) ) just unveiled an update.
Vodafone Group Plc has announced the repurchase of 4 million of its ordinary shares from Citigroup Global Markets Limited, at a volume weighted average price of 69.56 pence per share. This transaction is part of a previously announced Programme, and the repurchased shares will be held in treasury. The move reflects Vodafone’s ongoing strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and investor relations.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that offers a range of services, including mobile telecommunications, fixed line services, and broadband. The company operates globally, with a strong focus on expanding its digital services and enhancing connectivity for customers worldwide.
YTD Price Performance: 2.20%
Average Trading Volume: 88,063,048
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.74B
For detailed information about VOD stock, go to TipRanks’ Stock Analysis page.