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Vodafone Executes Significant Share Buyback

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Vodafone Executes Significant Share Buyback

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

Vodafone Group Plc has announced the repurchase of 5,142,124 of its ordinary shares from Goldman Sachs International, as part of a previously outlined share buyback program. The shares, purchased at an average price of 65.79 pence, will be held in treasury, increasing its treasury shares to over 2 billion and potentially impacting shareholder value and market perception positively.

More about Vodafone

Vodafone Group Plc is a multinational telecommunications company that provides a range of services including voice, messaging, data, and fixed broadband. It operates globally, serving a broad market with a focus on both consumer and business sectors, and is recognized as a leader in the telecom industry.

YTD Price Performance: -3.07%

Average Trading Volume: 96,515,698

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £16.6B

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

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