Vodafone Executes Significant Share Buyback Initiative

Vodafone (GB:VOD) has released an update.

Vodafone Group Plc has repurchased 16.2 million of its ordinary shares at an average price of 69.97 pence each, as part of its ongoing share buyback program. The shares, purchased from Citigroup Global Markets Limited, will be held in treasury, supporting Vodafone’s capital management strategy. This move indicates Vodafone’s proactive approach to managing its share capital, potentially boosting shareholder value.

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