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The latest announcement is out from Vodafone ( (GB:VOD) ).
Vodafone Group Plc has announced a €480 million share buyback programme, aiming to reduce its share capital by repurchasing and potentially cancelling or reallocating its ordinary shares. This move, executed through Goldman Sachs International, is intended to optimize the capital structure and enhance shareholder value by managing the company’s equity base more efficiently.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that provides a wide range of services including mobile, fixed-line, broadband, and television. It operates globally, focusing on delivering digital and connectivity solutions to both individual consumers and businesses.
YTD Price Performance: 0.56%
Average Trading Volume: 87,308,867
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.44B
Find detailed analytics on VOD stock on TipRanks’ Stock Analysis page.