Vodafone Buys Back 2.8 Million Shares for Treasury Under Ongoing Programme

Vodafone ( (GB:VOD) ) just unveiled an announcement.

Vodafone Group Plc has continued its share buyback activity, purchasing 2,846,936 ordinary shares on 19 January 2026 under a previously announced programme with Merrill Lynch International, at a volume-weighted average price of 102.02 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,442,765,797 shares and leaving 23,435,194,960 ordinary shares in issue excluding treasury, a move that marginally reduces free float and may support earnings per share and capital-return objectives as the group manages its equity base.

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, it is a major player in the European and emerging markets telecoms sector, where capital allocation decisions and share-based programmes are closely watched by investors for signals on strategy and balance sheet strength.

Average Trading Volume: 77,113,490

Technical Sentiment Signal: Buy

Current Market Cap: £23.63B

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