Vodafone Adds 1.5 Million Shares to Treasury in Ongoing Buyback

Vodafone ( (GB:VOD) ) just unveiled an announcement.

Vodafone Group Plc has continued its share buyback activity, repurchasing 1.5 million ordinary shares on 23 February 2026 through Goldman Sachs International at a volume-weighted average price of 116.03 pence. The company plans to hold these shares in treasury, bringing its treasury stock to about 1.72 billion shares and leaving roughly 23.16 billion shares in issue, a move that marginally reduces free float and can support earnings per share over time.

The transaction forms part of a previously announced repurchase programme under which Goldman Sachs acts as a riskless principal, buying shares in the market and selling them on to Vodafone. Continued execution of this programme signals ongoing capital-return efforts and balance-sheet management, which may be viewed positively by investors seeking improved capital efficiency in a mature European telecoms sector.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Spark’s Take on GB:VOD Stock

According to Spark, TipRanks’ AI Analyst, GB:VOD is a Neutral.

Vodafone’s overall stock score reflects a mix of financial challenges and positive strategic initiatives. The strong technical momentum and optimistic earnings call sentiment are offset by financial performance concerns and valuation issues. Corporate events further support a positive outlook.

To see Spark’s full report on GB:VOD stock, click here.

More about Vodafone

Vodafone Group Plc is a global telecommunications company providing mobile, fixed-line, broadband and digital communication services to consumer and enterprise customers. The group operates across multiple international markets, with its shares listed in London, and focuses on connectivity, data and related digital services in competitive telecom markets.

Average Trading Volume: 81,754,731

Technical Sentiment Signal: Buy

Current Market Cap: £26.96B

See more data about VOD stock on TipRanks’ Stock Analysis page.