Vodafone Continues Share Buyback With 2 Million-Share Treasury Purchase

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

Vodafone Group Plc has continued its share buyback activity, purchasing 2,000,000 ordinary shares on 20 April 2026 under a previously announced programme executed via Goldman Sachs International. The shares were acquired on the London Stock Exchange at a volume-weighted average price of 115.61 pence and will be held in treasury, bringing Vodafone’s treasury shareholding to over 1.26 billion shares and leaving 23.07 billion shares in issue.

The move marginally reduces Vodafone’s free float and can support earnings-per-share metrics over time, signalling ongoing capital returns to shareholders within the scope of its established programme. By using a riskless principal arrangement with Goldman Sachs, Vodafone maintains transparency and compliance in its market operations while steadily executing its strategy to adjust its capital structure through controlled buybacks.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £1.15 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 global telecommunications company providing mobile, fixed-line, broadband and digital services to consumers and enterprises. The group operates across multiple international markets and is listed in London, with a large free float that makes capital allocation actions, including buybacks and treasury share management, closely watched by investors.

Average Trading Volume: 84,868,317

Technical Sentiment Signal: Buy

Current Market Cap: £26.78B

Learn more about VOD stock on TipRanks’ Stock Analysis page.