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Vodafone Buys Back 23.4 Million Shares for Treasury in Ongoing Capital Programme

Story Highlights
  • Vodafone repurchased 23.4 million ordinary shares under its buyback programme at an average price of 112.70p.
  • The repurchased shares will be held in treasury, lifting treasury stock to 1.55 billion and tightening Vodafone’s free float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 23.4 Million Shares for Treasury in Ongoing Capital Programme

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

Vodafone has repurchased 23,389,609 of its ordinary shares on 9 February 2026 under its previously announced buyback programme, at prices between 111.45p and 113.50p and a volume-weighted average price of 112.70p. The shares, acquired via Goldman Sachs International across multiple trading venues, will be held in treasury, bringing Vodafone’s treasury holdings to 1,547,268,125 shares and reducing the free float to 23,330,692,632 shares, a move that can support earnings per share and signal confidence in the company’s valuation.

Goldman Sachs International executed the trades as riskless principal, purchasing Vodafone shares in the market and selling them on to the company in line with the programme’s terms. The activity, spread across venues including XLON, CHIX, BATE, AQXE and TRQX, underscores Vodafone’s ongoing capital management strategy, which may impact liquidity in its shares and reflects continued use of buybacks as a tool to return value to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £123.00 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 related digital services to consumer and enterprise customers. The group operates across multiple international markets, focusing on network connectivity, data services and associated communications solutions in competitive European and emerging-market telecom sectors.

Average Trading Volume: 81,761,200

Technical Sentiment Signal: Buy

Current Market Cap: £25.85B

See more data about VOD stock on TipRanks’ Stock Analysis page.

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