Vodafone Adds 2 Million Shares to Treasury in Ongoing Buyback

An announcement from Vodafone ( (GB:VOD) ) is now available.

Vodafone has continued its share buyback programme by purchasing 2,000,000 ordinary shares on 10 April 2026 through Goldman Sachs International at a volume‑weighted average price of 118 pence on the London Stock Exchange. The group intends to hold these shares in treasury, bringing its treasury stock to about 1.25 billion shares and leaving 23.08 billion shares in issue, a move that marginally increases earnings per share and signals ongoing capital‑management efforts.

Under the existing instructions issued in February, Goldman Sachs acted as riskless principal, acquiring Vodafone shares in the market and then selling them on to the company. The continued execution of the buyback underscores management’s focus on returning value to shareholders and optimizing the capital structure in a challenging telecoms environment, though the transaction is small relative to Vodafone’s overall market capitalization.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.85 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 enterprises. Listed in London, it operates across multiple markets, focusing on connectivity, data and related services for customers in Europe, Africa and other regions.

Average Trading Volume: 84,856,128

Technical Sentiment Signal: Buy

Current Market Cap: £27.21B

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