Vodafone Buys Back 2 Million Shares for Treasury Under Ongoing Programme

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

Vodafone Group Plc has repurchased 2,000,000 of its ordinary shares on 5 March 2026 under a previously announced buyback programme, at a volume-weighted average price of 111.27 pence per share. The transaction was executed via Goldman Sachs International on the London Stock Exchange.

The company intends to hold the repurchased shares in treasury, bringing its total treasury holding to 1,752,349,105 shares and leaving 23,125,611,652 ordinary shares in issue excluding treasury stock. The move continues Vodafone’s capital management strategy, potentially supporting earnings per share and signalling ongoing efforts to return value to shareholders.

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 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. The group operates across multiple international markets, with its shares listed in London, and actively manages its capital structure through programmes such as share buybacks and treasury share holdings.

Average Trading Volume: 78,362,371

Technical Sentiment Signal: Buy

Current Market Cap: £25.64B

See more insights into VOD stock on TipRanks’ Stock Analysis page.