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Vodafone Buys Back 2 Million Shares for Treasury Under Ongoing Programme

Story Highlights
  • Vodafone repurchased 2 million shares at 114.40 pence average, holding them in treasury.
  • The buyback advances Vodafone’s capital return strategy, potentially boosting earnings per share.
  • 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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An announcement from Vodafone ( (GB:VOD) ) is now available.

Vodafone Group Plc has repurchased 2,000,000 of its ordinary shares on 29 April 2026 under its previously announced buyback programme, at a volume-weighted average price of 114.40 pence per share. The shares, acquired via Goldman Sachs International on the London Stock Exchange, will be held in treasury, bringing Vodafone’s treasury holding to 1,276,740,018 shares and reducing the free float to 23,051,638,571 shares in issue, a move that may support earnings per share and capital return objectives.

The transaction underscores Vodafone’s ongoing use of share buybacks as part of its capital allocation strategy and signals continued management commitment to returning surplus capital to shareholders. By increasing the proportion of shares held in treasury, Vodafone potentially enhances capital efficiency and may improve share metrics over time, which is likely to be closely watched by investors assessing the group’s financial discipline and valuation.

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 providing mobile, fixed-line, broadband and related digital services to consumers and enterprises. The group operates across multiple international markets, with a primary focus on network connectivity, data services and converged communications solutions in Europe and other key regions.

Average Trading Volume: 86,227,757

Technical Sentiment Signal: Buy

Current Market Cap: £26.4B

Learn more about VOD stock on TipRanks’ Stock Analysis page.

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