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Vodafone Adds 3.5 Million Shares to Treasury in Ongoing Buyback

Story Highlights
  • Vodafone repurchased 3.5 million shares in London, adding them to treasury holdings.
  • The buyback reduces Vodafone’s free float and supports its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Adds 3.5 Million Shares to Treasury in Ongoing Buyback

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

Vodafone Group Plc has repurchased 3.5 million of its ordinary shares on 24 February 2026 under a previously announced buyback programme executed through Goldman Sachs International. The shares, acquired on the London Stock Exchange at a volume-weighted average price of 116.86 pence, will be held in treasury, bringing Vodafone’s treasury stock to roughly 1.72 billion shares and reducing the freely tradable share count to about 23.16 billion.

The latest tranche continues Vodafone’s capital management strategy of returning value to shareholders and potentially supporting its earnings per share by lowering the number of shares in circulation. By executing the transactions via a riskless principal arrangement with Goldman Sachs, Vodafone maintains orderly market execution while signalling ongoing confidence in its equity to investors and other stakeholders.

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 GB:VOD Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:VOD stock, click here.

More about Vodafone

Vodafone Group Plc is a multinational telecommunications company that provides mobile, fixed-line, broadband and related digital services to consumer and enterprise customers. The group operates across multiple markets, with a core focus on mobile connectivity and data services in Europe and other international regions.

Average Trading Volume: 80,012,558

Technical Sentiment Signal: Buy

Current Market Cap: £26.92B

For an in-depth examination of VOD stock, go to TipRanks’ Overview page.

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