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Vodafone Undertakes Share Buyback to Bolster Treasury Holdings
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Vodafone Undertakes Share Buyback to Bolster Treasury Holdings

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

Vodafone Group Plc announced the purchase of 9,250,000 of its ordinary shares from Citigroup Global Markets Limited as part of a previously announced buyback program. This transaction, executed on January 8, 2025, is part of Vodafone’s strategy to manage its share capital by holding these shares in treasury, which may impact the company’s stock liquidity and shareholder value.

More about Vodafone

Vodafone Group Plc is a telecommunications company that operates globally, providing a range of services including mobile, fixed broadband, and TV. The company focuses on enhancing connectivity and digital services across various markets worldwide.

YTD Price Performance: -1.02%

Average Trading Volume: 79,673,082

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £17.33B

Learn more about VOD stock on TipRanks’ Stock Analysis page.

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