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Vodafone Buys Back 1.6 Million Shares for Treasury in Ongoing Capital Programme

Story Highlights
  • Vodafone repurchased 1.6 million shares for treasury at a 114.75 pence average price.
  • The buyback, executed via Goldman Sachs, trims free float and supports capital management discipline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 1.6 Million Shares for Treasury in Ongoing Capital Programme

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

Vodafone Group Plc has continued its ongoing share buyback activity, purchasing 1.6 million of its ordinary shares on 2 April 2026 from Goldman Sachs International under a previously announced programme. The shares were acquired on the London Stock Exchange at a volume-weighted average price of 114.75 pence and are to be held in treasury, increasing Vodafone’s treasury stock to about 1.24 billion shares and leaving roughly 23.08 billion shares outstanding, a move that marginally enhances earnings per share and reflects continued capital management discipline.

Goldman Sachs International acted as a riskless principal in the transaction, buying Vodafone shares in the market and then selling them on to the company in line with the programme’s pre-set instructions. The detailed execution across multiple intraday trades on the XLON venue underscores the scale and systematic nature of the repurchase effort, which may support Vodafone’s share price and signals ongoing commitment to shareholder returns through buybacks alongside other capital allocation tools.

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 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 that provides mobile, fixed-line, broadband and related digital communications services to consumers and businesses. The group operates across multiple international markets, with its shares listed in London, and actively manages its capital structure through programmes such as share buybacks and treasury share holdings.

Average Trading Volume: 83,738,274

Technical Sentiment Signal: Buy

Current Market Cap: £26.56B

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

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