Vodafone Adds 2 Million Shares to Treasury in Ongoing Buyback

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

Vodafone has continued its previously announced share buyback programme, repurchasing 2,000,000 ordinary shares on 16 March 2026 from Goldman Sachs International at a volume-weighted average price of 110.29 pence. The transaction, executed on the London Stock Exchange, forms part of Vodafone’s ongoing capital management strategy and signals a focus on shareholder returns by reducing the free float and increasing the number of shares held in treasury.

Following this latest purchase, Vodafone now holds 1,765,669,902 ordinary shares in treasury, with 23,112,290,855 shares remaining in issue excluding treasury holdings. The move marginally concentrates existing investors’ ownership and may support earnings-per-share metrics over time, underlining management’s willingness to deploy balance-sheet capacity in support of the share price amid continued scrutiny of European telecom valuations.

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 providing mobile, fixed-line, broadband and digital services to consumer and enterprise customers. The group operates across multiple markets, with its shares listed in London, and actively manages its capital structure through share issuances and buyback programmes.

Average Trading Volume: 79,283,030

Technical Sentiment Signal: Buy

Current Market Cap: £25.33B

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