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Vodafone Buys Back 2 Million Shares for Treasury in Ongoing Capital Programme

Story Highlights
  • Vodafone repurchased 2 million shares on 10 March 2026 under its ongoing buyback programme.
  • Holding the new shares in treasury trims free float and underscores Vodafone’s capital management focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 2 Million Shares for Treasury in Ongoing Capital Programme

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An update from Vodafone ( (GB:VOD) ) is now available.

Vodafone Group has continued its share buyback activity, purchasing 2 million ordinary shares on 10 March 2026 from Goldman Sachs International under an existing repurchase programme. The stock was acquired on the London Stock Exchange at a volume-weighted average price of 108.40 pence, with the company stating it intends to hold the shares in treasury.

Following this transaction, Vodafone now holds roughly 1.76 billion shares in treasury and has about 23.12 billion ordinary shares in issue, excluding treasury stock. The move further consolidates the group’s capital management efforts, modestly reducing the free float and potentially enhancing earnings per share over time, while signalling continued board confidence in the company’s valuation.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £119.00 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 that provides mobile, fixed-line, broadband and digital services to consumers and enterprises worldwide. Listed in London, the group is a major player in the European and African telecoms markets, where it focuses on connectivity, converged communication services and related digital solutions.

Average Trading Volume: 78,644,547

Technical Sentiment Signal: Buy

Current Market Cap: £24.94B

For an in-depth examination of VOD stock, go to TipRanks’ Overview page.

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