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Vodafone Buys Back 2 Million Shares for Treasury in Ongoing Programme

Story Highlights
  • Vodafone repurchased 2,000,000 ordinary shares for treasury at an average 110.78 pence on 17 March 2026.
  • The buyback supports Vodafone’s capital management strategy, potentially boosting EPS and preserving flexibility for future uses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 2 Million Shares for Treasury in Ongoing Programme

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

Vodafone Group Plc has repurchased 2,000,000 of its ordinary shares on 17 March 2026 as part of a previously announced buyback programme executed through Goldman Sachs International. The shares, bought on the London Stock Exchange at a volume-weighted average price of 110.78 pence, will be held in treasury, reducing the free float to 23,110,519,137 shares and lifting treasury holdings to 1,767,441,620.

The transaction underscores Vodafone’s continued use of share repurchases as a capital management tool, which can support earnings per share and signal confidence in the company’s valuation. Holding the stock in treasury also preserves flexibility for future uses such as employee incentive plans or potential capital restructuring, factors closely watched by investors in the telecoms sector.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £122.00 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 multinational telecommunications company that provides mobile, fixed-line, broadband and digital services to consumers and businesses across multiple markets. The group is listed in London and operates at scale in Europe and other regions, where capital allocation decisions such as share buybacks are a key tool in managing its large shareholder base and balance sheet profile.

Average Trading Volume: 78,909,628

Technical Sentiment Signal: Buy

Current Market Cap: £25.69B

For detailed information about VOD stock, go to TipRanks’ Stock Analysis page.

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