The latest announcement is out from Vodafone ( (GB:VOD) ).
Vodafone Group Plc has executed a buyback of 12.5 million of its ordinary shares through Citigroup Global Markets Limited as part of a pre-announced share repurchase program. The purchased shares will be held in treasury, increasing Vodafone’s total treasury shares to over 1.67 billion, which represents a strategic move to manage its capital structure and potentially enhance shareholder value.
More about Vodafone
Vodafone Group Plc operates in the telecommunications industry, focusing on providing a wide range of services including mobile, fixed broadband, and digital TV, with a market emphasis on connectivity and digital services.
YTD Price Performance: 5.96%
Average Trading Volume: 77,539,652
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.22B
See more data about VOD stock on TipRanks’ Stock Analysis page.