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Vodafone Buys Back 2 Million Shares Under Ongoing Repurchase Programme

Story Highlights
  • Vodafone repurchased 2 million shares for treasury on 9 March, continuing its buyback programme to refine capital structure and potentially support EPS.
  • The purchases, executed via Goldman Sachs on the London Stock Exchange, underscore Vodafone’s ongoing capital return strategy and active management of its sizeable free float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 2 Million Shares Under Ongoing Repurchase Programme

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

Vodafone has continued its share buyback activity, purchasing 2,000,000 ordinary shares on 9 March 2026 from Goldman Sachs International at a volume‑weighted average price of 106.25 pence. The shares will be held in treasury, bringing Vodafone’s treasury stock to about 1.76 billion shares and leaving roughly 23.12 billion ordinary shares in issue, a move that fine‑tunes its capital structure and may support earnings per share.

The transaction forms part of a previously announced repurchase programme under which Goldman Sachs buys Vodafone shares in the market and then sells them on to the company. By using a riskless principal arrangement and executing trades on the London Stock Exchange, Vodafone signals ongoing commitment to returning capital and managing its large free float in a transparent, market‑based manner.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £120.00 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 multinational telecommunications company that provides mobile, fixed-line, broadband, and digital services to consumers and businesses. The group operates across Europe and other international markets, focusing on connectivity, converged communications, and related digital solutions in highly regulated network industries.

Average Trading Volume: 79,233,071

Technical Sentiment Signal: Buy

Current Market Cap: £24.71B

For a thorough assessment of VOD stock, go to TipRanks’ Stock Analysis page.

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