Vodafone Adds 2 Million Shares to Treasury in Ongoing Buyback

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

Vodafone Group Plc has repurchased 2,000,000 of its ordinary shares on 13 March 2026 under its previously announced buyback programme with Goldman Sachs International, at a volume-weighted average price of 109.68 pence. The shares, which will be held in treasury, lift Vodafone’s treasury stock to about 1.76 billion shares and reduce the free float to roughly 23.11 billion shares, underscoring the company’s continued use of share buybacks as a capital management tool that can support earnings per share and shareholder returns.

The transaction was executed on the London Stock Exchange’s XLON venue, where Goldman Sachs International acted as riskless principal in purchasing the shares in the market before selling them on to Vodafone. This latest tranche reflects Vodafone’s ongoing implementation of its authorised repurchase programme and signals management’s willingness to return capital to investors while actively managing the group’s share capital structure.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £121.00 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 that provides mobile, fixed-line, broadband and digital services to consumers and businesses. The group operates across multiple markets, with a strong presence in Europe and other international regions, and is a constituent of major equity indices in the U.K. and abroad.

Average Trading Volume: 79,812,305

Technical Sentiment Signal: Buy

Current Market Cap: £25.24B

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