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The latest announcement is out from Vodafone ( (GB:VOD) ).
Vodafone has repurchased 2,000,000 of its ordinary shares on 9 March 2026 from Goldman Sachs International under its previously announced buyback programme, paying a volume-weighted average price of 106.25 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury holdings to 1.76 billion shares and leaving 23.12 billion ordinary shares in issue, a move that marginally reduces the free float and may support earnings per share over time.
As part of the arrangement, Goldman Sachs acted as a riskless principal by purchasing Vodafone shares in the market on the London Stock Exchange and then selling them on to the company. The transaction underscores Vodafone’s ongoing capital management strategy, signalling continued use of share repurchases as a tool for returning capital to shareholders and managing its balance sheet structure.
The most recent analyst rating on (GB:VOD) stock is a Buy with a £120.00 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 multinational telecommunications company providing mobile, fixed-line, broadband, and digital services across multiple markets. The group focuses on connectivity, data, and related digital solutions for consumers and enterprises, and is a major listed issuer on the London Stock Exchange.
Average Trading Volume: 79,233,071
Technical Sentiment Signal: Buy
Current Market Cap: £24.71B
See more insights into VOD stock on TipRanks’ Stock Analysis page.