An update from Vodafone ( (GB:VOD) ) is now available.
Vodafone Group Plc announced the repurchase of 5 million of its ordinary shares from Goldman Sachs International as part of its ongoing share buyback program. This transaction, conducted at a volume-weighted average price of 67.84 pence per share, aims to enhance shareholder value by holding the repurchased shares in treasury, thereby reducing the number of shares in circulation and potentially increasing earnings per share.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that provides a range of services including mobile and fixed-line communications, broadband, and digital television. The company operates globally, with a significant presence in Europe, Africa, and Asia, focusing on delivering connectivity and digital services to both consumer and enterprise markets.
YTD Price Performance: -3.07%
Average Trading Volume: 96,515,698
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £16.6B
Learn more about VOD stock on TipRanks’ Stock Analysis page.