Vodafone Adds 2.9 Million Shares to Treasury Under Ongoing Buyback Programme

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

Vodafone Group Plc has repurchased 2,869,366 of its ordinary shares on 16 January 2026 under its previously announced share buyback programme with Merrill Lynch International, paying a volume-weighted average price of 100.82 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury holding to 1,439,918,861 shares and leaving 23,438,041,896 shares in issue excluding treasury stock, a move that marginally reduces the free float and can support earnings per share over time while signalling continued focus on shareholder returns and active balance sheet management.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 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 services to consumer and enterprise customers. Listed in London, the group operates at scale across multiple markets, where capital allocation actions such as share buybacks and treasury share management are a key part of its strategy to enhance shareholder returns and manage its capital structure.

Average Trading Volume: 76,959,923

Technical Sentiment Signal: Buy

Current Market Cap: £23.63B

For detailed information about VOD stock, go to TipRanks’ Stock Analysis page.