Vodafone (GB:VOD) has released an update.
Vodafone Group Plc recently repurchased 19.7 million of its own shares at an average price of 72.10 pence each, as part of a buyback program with Goldman Sachs International. This move is designed to hold the shares in treasury, potentially enhancing shareholder value by reducing the number of shares available in the market. Investors interested in Vodafone’s financial strategies may find this buyback indicative of the company’s confidence in its financial health.
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