Vodafone Buys Back 2 Million Shares for Treasury in Ongoing Capital Return Plan

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

Vodafone has repurchased 2,000,000 of its ordinary shares on 24 April 2026 under a previously announced buyback programme executed via Goldman Sachs International, at a volume-weighted average price of 116.43 pence. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,270,877,726 shares and leaving 23,057,500,863 ordinary shares in issue, slightly increasing earnings per share and signaling continued capital returns to shareholders.

The transaction, carried out on the London Stock Exchange’s XLON venue, is part of Vodafone’s broader capital management strategy that uses share repurchases to adjust its equity base. By routing the trades through Goldman Sachs as riskless principal, Vodafone ensures orderly execution in the market while providing incremental support to its share price and underscoring management’s commitment to shareholder-focused financial policies.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £155.00 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 digital services to consumers and enterprises. The group operates across multiple regions, with a primary focus on connectivity, network infrastructure, and related digital solutions in competitive communications markets.

Average Trading Volume: 86,171,338

Technical Sentiment Signal: Buy

Current Market Cap: £26.82B

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