tiprankstipranks
Company Announcements

Vodafone Buys Back Over 27 Million Shares

Story Highlights
Vodafone Buys Back Over 27 Million Shares

Discover the Best Stocks and Maximize Your Portfolio:

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

Vodafone Group Plc announced the purchase of 27,085,471 of its ordinary shares from Goldman Sachs International, with the intention to hold these shares in treasury. This move is part of Vodafone’s share buyback program, which could positively impact shareholder value and enhance the company’s financial flexibility.

More about Vodafone

Vodafone Group Plc is a multinational telecommunications company that provides a wide range of services including mobile voice, data, and broadband services. It operates primarily in Europe and Africa, making it one of the largest mobile telecommunications companies in the world.

YTD Price Performance: -3.02%

Average Trading Volume: 95,724,564

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £16.8B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1