Vodafone Buys Back 2.75 Million Shares for Treasury Under Ongoing Programme

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

Vodafone has continued its share buyback activity, repurchasing 2,752,297 ordinary shares on 20 January 2026 from Merrill Lynch International at a volume-weighted average price of 101 pence per share under a previously announced programme. The company plans to hold these shares in treasury, bringing its treasury holding to 1,445,444,303 shares and leaving 23,432,516,454 ordinary shares in issue, a capital management move that marginally reduces the free float and can be interpreted as an effort to enhance capital efficiency and potentially support earnings per share over time.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £100.00 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 global telecommunications company that provides mobile, fixed-line, broadband and related digital services to consumer and enterprise customers. Listed in London, the group focuses on large-scale network infrastructure and connectivity services across multiple international markets, competing with other major telecoms operators in mature and emerging economies.

Average Trading Volume: 76,989,641

Technical Sentiment Signal: Buy

Current Market Cap: £23.91B

Find detailed analytics on VOD stock on TipRanks’ Stock Analysis page.