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Vodafone Adds 2.7 Million Shares to Treasury in Ongoing Buyback Programme

Story Highlights
  • Vodafone repurchased 2.7 million shares at about 111 pence, raising treasury holdings and slightly boosting remaining shareholders’ stake.
  • The buyback, executed via Goldman Sachs on the London exchange, underscores Vodafone’s ongoing capital return and balance-sheet optimisation strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Adds 2.7 Million Shares to Treasury in Ongoing Buyback Programme

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

Vodafone Group Plc has continued its share buyback activity, purchasing 2.7 million ordinary shares on 27 March 2026 from Goldman Sachs International under an existing repurchase programme. The shares, acquired at a volume-weighted average price of 110.93 pence and to be held in treasury, lift Vodafone’s treasury stock to more than 1.23 billion shares, leaving 23.09 billion shares in issue and modestly increasing earnings per share for remaining investors.

The transaction, executed on the London Stock Exchange with Goldman Sachs acting as riskless principal, is part of Vodafone’s broader capital management strategy. By shrinking its free float over time through such buybacks, Vodafone signals continued commitment to shareholder returns and balance-sheet optimisation, a common approach among large telecoms seeking to bolster investor confidence in a mature, capital-intensive sector.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £122.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Spark’s Take on VOD Stock

According to Spark, TipRanks’ AI Analyst, 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 VOD stock, click here.

More about Vodafone

Vodafone Group Plc is a global telecommunications company providing mobile, fixed-line, broadband and digital services to consumers and enterprises. Listed in London, it operates across multiple international markets, competing with other major telecom operators and focusing on connectivity, data services and related digital infrastructure.

Average Trading Volume: 83,744,056

Technical Sentiment Signal: Buy

Current Market Cap: £25.48B

See more insights into VOD stock on TipRanks’ Stock Analysis page.

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