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Vodafone ( (GB:VOD) ) has shared an announcement.
Vodafone has continued its previously announced share buyback programme, instructing Goldman Sachs International to repurchase 2,000,000 ordinary shares on 23 March 2026 at a volume‑weighted average price of 107.92 pence. The transaction, executed on the London Stock Exchange, saw prices range between 104.90 pence and 109.10 pence as part of the group’s ongoing capital management.
The company will hold the newly acquired shares in treasury, taking its treasury stock to 1,225,859,452 shares and leaving 23,102,519,137 ordinary shares in issue excluding treasury. This move marginally reduces Vodafone’s free float and signals continued use of buybacks as a tool to manage its balance sheet and potentially enhance earnings per share over time, a trend of interest to shareholders monitoring capital returns.
The most recent analyst rating on (GB:VOD) stock is a Buy with a £120.00 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 multinational telecommunications company that provides mobile, fixed-line, broadband and digital services to consumers and businesses. Listed in London, it operates at scale across multiple markets, where capital allocation decisions, including share buyback programmes and treasury share management, are closely watched by investors.
Average Trading Volume: 83,488,109
Technical Sentiment Signal: Buy
Current Market Cap: £24.9B
For an in-depth examination of VOD stock, go to TipRanks’ Overview page.