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Vodafone Adds 2 Million Shares to Treasury in Ongoing Buyback Programme

Story Highlights
  • Vodafone repurchased 2,000,000 ordinary shares under its ongoing buyback programme at an average 113.75 pence.
  • Holding the bought-back shares in treasury slightly reduces free float, supporting EPS and signaling confidence in valuation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Adds 2 Million Shares to Treasury in Ongoing Buyback Programme

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

Vodafone has repurchased 2,000,000 of its ordinary shares on 17 April 2026 under its previously announced buyback programme with Goldman Sachs International, paying a volume-weighted average price of 113.75 pence. The shares will be held in treasury, bringing Vodafone’s treasury holdings to 1,261,005,924 shares and leaving 23,067,372,665 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time.

The transaction, executed on the London Stock Exchange venue XLON with prices ranging between 112.45 pence and 115.15 pence, underlines Vodafone’s ongoing capital management strategy aimed at returning value to shareholders. While limited in size relative to the group’s total share count, the continued execution of the programme signals management’s confidence in the company’s valuation and provides incremental support to the share price in the market.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £1.15 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 focuses on connectivity and related digital solutions across Europe and other international markets, competing with major telecom operators in both retail and wholesale segments.

Average Trading Volume: 84,868,317

Technical Sentiment Signal: Buy

Current Market Cap: £26.78B

For a thorough assessment of VOD stock, go to TipRanks’ Stock Analysis page.

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