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Vodafone Buys Back 5 Million Shares for Treasury Under Ongoing Programme

Story Highlights
  • Vodafone repurchased 5 million shares at 113 pence average, adding to treasury holdings.
  • The buyback advances its capital return strategy and marginally enhances earnings per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vodafone Buys Back 5 Million Shares for Treasury Under Ongoing Programme

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

Vodafone has continued executing its share buyback programme, repurchasing 5 million ordinary shares on 2 March 2026 from Goldman Sachs International at a volume-weighted average price of 113 pence. The latest tranche, which will be held in treasury, lifts Vodafone’s treasury holdings to about 1.74 billion shares out of 23.14 billion in issue, incrementally boosting earnings-per-share metrics and signalling ongoing capital returns to shareholders.

The transaction, conducted on the London Stock Exchange with Goldman Sachs acting as riskless principal, forms part of previously announced instructions under the company’s wider repurchase plan. By shrinking its free float through treasury share accumulation, Vodafone maintains flexibility for future capital management options while reinforcing its commitment to shareholder remuneration in a challenging European telecoms market.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £125.00 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 related digital services to consumer and enterprise customers. Listed in London, it operates across multiple markets, where it focuses on connectivity, converged communications and infrastructure-based services in competitive European and emerging markets.

Average Trading Volume: 81,443,957

Technical Sentiment Signal: Buy

Current Market Cap: £26.51B

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

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