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Vodafone Buys Back 2 Million Shares for Treasury Under Ongoing Programme

Story Highlights
  • Vodafone repurchased 2,000,000 ordinary shares on 28 April 2026 under its ongoing buyback programme and will hold them in treasury, slightly reducing the free float.
  • Goldman Sachs executed the trades as riskless principal on XLON, reflecting Vodafone’s continued use of share buybacks to manage its capital structure and support shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 2 Million Shares for Treasury Under Ongoing Programme

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

Vodafone has repurchased 2,000,000 of its ordinary shares on 28 April 2026 from Goldman Sachs International as part of a previously announced share buyback programme, paying a volume-weighted average price of 114.79 pence per share. The company will hold these shares in treasury, bringing its treasury stock to 1,274,740,018 shares and leaving 23,053,638,571 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share and capital return metrics for remaining shareholders.

Goldman Sachs acted as riskless principal, buying Vodafone shares on the London Stock Exchange trading venue XLON and then selling them on to the company under the programme’s terms. The detailed schedule of individual trades underscores the systematic execution of the buyback, highlighting Vodafone’s continued use of treasury share purchases as an active tool of balance sheet and capital structure management.

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 multinational telecommunications company that provides mobile, fixed-line, broadband and related digital services across multiple markets. The group targets both consumer and enterprise customers, and its shares are listed in London, making its capital allocation actions closely watched by investors.

Average Trading Volume: 87,553,326

Technical Sentiment Signal: Buy

Current Market Cap: £26.59B

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

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