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Vodafone Executes Share Buyback to Strengthen Capital Management
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Vodafone Executes Share Buyback to Strengthen Capital Management

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The latest update is out from Vodafone ( (GB:VOD) ).

Vodafone Group Plc announced the purchase of 9.3 million of its own ordinary shares from Citigroup Global Markets Limited as part of a previously disclosed share buyback program. The shares will be held in treasury, enhancing Vodafone’s flexibility in capital management and potentially impacting shareholder value by reducing the number of shares in circulation.

More about Vodafone

Vodafone Group Plc operates within the telecommunications industry, offering a range of services including mobile, fixed broadband, and TV. The company focuses on providing connectivity and digital services to consumers and enterprises across Europe and Africa.

YTD Price Performance: -3.10%

Average Trading Volume: 82,166,688

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £16.85B

Find detailed analytics on VOD stock on TipRanks’ Stock Analysis page.

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