Vodafone Adds 2.9 Million Shares to Treasury in Ongoing Buyback

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

Vodafone Group has continued its existing share buyback programme by repurchasing 2,908,415 of its ordinary shares on 15 January 2026 through Merrill Lynch International at a volume-weighted average price of 100.98 pence per share. The repurchased shares will be held in treasury, bringing Vodafone’s treasury stock to 1,437,083,188 shares and leaving 23,440,877,569 ordinary shares in issue, a move that incrementally reduces the free float and can be interpreted as part of the company’s ongoing capital management strategy aimed at enhancing shareholder value and optimising its balance sheet.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.82 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 that provides mobile, fixed-line, broadband and digital services to consumers and businesses across multiple markets. The group focuses on connectivity, converged communication services and related digital solutions in Europe and other international regions, competing with major telecom operators in mature and emerging markets.

Average Trading Volume: 75,608,153

Technical Sentiment Signal: Buy

Current Market Cap: £23.41B

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