tiprankstipranks
Company Announcements

Vodafone Executes Share Buyback with Goldman Sachs

Story Highlights
Vodafone Executes Share Buyback with Goldman Sachs

Vodafone ( (GB:VOD) ) has provided an announcement.

Vodafone Group Plc announced the purchase of 5 million of its own ordinary shares from Goldman Sachs International as part of a previously announced buyback program. The shares will be held in treasury, and this move is part of Vodafone’s strategy to manage its capital structure and potentially enhance shareholder value.

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 on a global scale, serving millions of customers and focusing on enhancing connectivity and digital services.

YTD Price Performance: 4.10%

Average Trading Volume: 95,896,307

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £17.79B

For a thorough assessment of VOD stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App