tiprankstipranks
Trending News
More News >

VEON Launches Third Phase of USD 35 Million Share Buyback

Story Highlights
VEON Launches Third Phase of USD 35 Million Share Buyback

Confident Investing Starts Here:

An announcement from VEON ( (VEON) ) is now available.

On June 16, 2025, VEON Ltd. announced the commencement of the third phase of its share buyback program, valued at up to USD 35 million, as part of a larger USD 100 million initiative. This follows the successful completion of the second phase on May 21, 2025. The company believes its shares are undervalued and aims to optimize shareholder value and strengthen its financial position. Additionally, VEON is exploring the possibility of raising external financing through a private placement of bonds to support strategic initiatives and enhance financial flexibility.

The most recent analyst rating on (VEON) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on VEON stock, see the VEON Stock Forecast page.

Spark’s Take on VEON Stock

According to Spark, TipRanks’ AI Analyst, VEON is a Neutral.

VEON’s stock score reflects a mix of strong operational efficiency against significant financial risks due to high leverage and net losses. Positive technical indicators and a strong earnings call with growth in digital services and improved financial position boost the score, though challenges in certain regions and capital expenditure concerns present risks.

To see Spark’s full report on VEON stock, click here.

More about VEON

VEON is a digital operator providing connectivity and digital services to nearly 160 million customers across six countries. It is listed on NASDAQ and headquartered in Dubai, focusing on technology-driven services that empower individuals and drive economic growth.

Average Trading Volume: 190,004

Technical Sentiment Signal: Hold

Current Market Cap: $2.7B

For an in-depth examination of VEON stock, go to TipRanks’ Overview page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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
1