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Vodafone Buys Back 5.4 Million Shares for Treasury Under Ongoing Programme

Story Highlights
  • Vodafone repurchased 5.4 million ordinary shares for treasury under its ongoing buyback programme.
  • The new treasury holdings slightly reduce Vodafone’s free float, supporting capital management and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 5.4 Million Shares for Treasury Under Ongoing Programme

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The latest update is out from Vodafone ( (GB:VOD) ).

Vodafone Group Plc continued its share buyback activity under a previously announced programme, repurchasing 5.4 million ordinary shares on 30 March 2026 from Goldman Sachs International at a volume-weighted average price of 111.74 pence. The company plans to hold these shares in treasury, bringing its treasury stock to about 1.24 billion shares and leaving roughly 23.09 billion ordinary shares in issue, a move that marginally reduces the free float and can enhance capital-return metrics for remaining shareholders.

The transactions were executed across multiple trading venues, including AQXE, CHIX and the London Stock Exchange, reflecting standard market operations for such buyback programmes. By continuing to retire shares through treasury purchases, Vodafone is signalling an ongoing commitment to capital management, which may support earnings per share over time and underscores management’s focus on shareholder returns amid a competitive telecoms landscape.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £122.00 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 digital services to consumers and enterprises. The group operates across multiple regions, with a primary focus on connectivity and related digital communications solutions in competitive European and international markets.

Average Trading Volume: 83,744,056

Technical Sentiment Signal: Buy

Current Market Cap: £25.48B

For an in-depth examination of VOD stock, go to TipRanks’ Overview page.

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