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Vodafone ( (GB:VOD) ) has provided an announcement.
Vodafone Group Plc announced the purchase of 9,685,733 of its ordinary shares, executed through Goldman Sachs International. This move is part of Vodafone’s ongoing share buyback program, aiming to optimize capital structure and return value to shareholders. The shares were bought at prices ranging from 65.26 to 66.44 pence and will be held in treasury. Following this purchase, Vodafone holds over 2.1 billion shares in treasury, reflecting its strategic focus on maintaining financial resilience and market stability.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company, specializing in mobile and fixed-line services. It operates in numerous countries, providing connectivity and digital services to both consumer and enterprise markets.
YTD Price Performance: -4.22%
Average Trading Volume: 95,949,163
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £16.42B
Find detailed analytics on VOD stock on TipRanks’ Stock Analysis page.