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VEON ( (VEON) ) has provided an announcement.
On January 29, 2026, VEON announced that Kyivstar Group Ltd., its Nasdaq-listed Ukrainian affiliate, had priced a secondary public offering of 12.1 million common shares held by VEON Amsterdam B.V. and 400,000 shares held by other shareholders at USD 10.50 per share. The underwriters were granted a 30‑day option to purchase up to an additional 1.875 million shares, and the offering, which does not involve Kyivstar issuing new shares, is expected to close on February 2, 2026, subject to customary conditions. The transaction, following the SEC’s declaration of effectiveness for Kyivstar’s Form F‑1 registration statement on January 29, 2026, represents a further step in building liquidity and broadening the shareholder base of Ukraine’s leading digital operator while allowing VEON and other owners to partially monetize their holdings without diluting the company’s capital structure.
The most recent analyst rating on (VEON) stock is a Buy with a $75.00 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 Outperform.
VEON’s overall stock score is driven by strong earnings call performance and valuation, indicating potential undervaluation. Financial performance is solid but impacted by high leverage. Technical analysis supports a positive outlook with bullish momentum.
To see Spark’s full report on VEON stock, click here.
More about VEON
VEON Ltd., listed on Nasdaq, is a global digital operator providing connectivity and digital services to nearly 150 million connectivity users and over 140 million digital users across five countries that together represent more than 6% of the world’s population. Its portfolio spans mobile and fixed-line communications and an array of technology-driven services aimed at empowering individuals and supporting economic growth in emerging markets, including Ukraine, where it operates through Kyivstar Group Ltd., the country’s leading digital operator.
Average Trading Volume: 93,406
Technical Sentiment Signal: Buy
Current Market Cap: $3.74B
Learn more about VEON stock on TipRanks’ Stock Analysis page.