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The latest update is out from Vodafone ( (GB:VOD) ).
Vodafone Group Plc has continued its share buyback activity, purchasing 2,000,000 ordinary shares on 12 March 2026 via Goldman Sachs International at a volume-weighted average price of 107.22 pence. The company intends to hold these shares in treasury, bringing its treasury stock to 1,761,669,902 shares and leaving 23,116,290,855 ordinary shares in issue, a move that modestly reduces the free float and can support earnings per share over time.
The transaction forms part of a previously announced repurchase programme under which Goldman Sachs acts as riskless principal, buying Vodafone shares in the market and then selling them on to the company. Continued execution of this programme underscores Vodafone’s ongoing capital management strategy, signalling a focus on shareholder returns and balance-sheet optimisation in a competitive European telecoms landscape.
The most recent analyst rating on (GB:VOD) stock is a Buy with a £119.00 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 providing mobile, fixed-line, broadband and digital communication services to consumers and enterprises. Listed in London, it focuses on large-scale network infrastructure and connectivity across Europe and other international markets, competing with major telecom operators in mature and emerging economies.
Average Trading Volume: 79,707,227
Technical Sentiment Signal: Buy
Current Market Cap: £24.92B
For an in-depth examination of VOD stock, go to TipRanks’ Overview page.