Vodafone Adds 2 Million Shares to Treasury in Ongoing Buyback

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

Vodafone Group bought 2 million of its own ordinary shares on 8 April 2026 under a previously announced buyback programme executed via Goldman Sachs International, paying a volume-weighted average price of 116.71 pence and a range between 115.25 and 117.35 pence. The repurchased shares will be held in treasury, bringing Vodafone’s treasury stock to about 1.25 billion shares and reducing its free float to roughly 23.08 billion shares in issue, signalling ongoing capital management efforts that can support earnings per share and shareholder returns.

As part of the arrangement, Goldman Sachs International acted as riskless principal, purchasing the shares on the XLON venue and then selling them on to Vodafone in line with the programme’s instructions. The continued execution of this buyback plan underscores Vodafone’s commitment to returning capital and managing its equity base, a move that may influence liquidity and valuation dynamics for existing investors.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £128.00 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, and broadband services across multiple markets. The group focuses on consumer and enterprise connectivity, operating at large scale with billions of shares in issue and an active presence on major trading venues such as the London Stock Exchange.

Average Trading Volume: 84,138,368

Technical Sentiment Signal: Buy

Current Market Cap: £26.65B

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