Vodafone ( (GB:VOD) ) has shared an update.
Vodafone Group Plc has executed a buyback of 3 million of its ordinary shares from Goldman Sachs International, as part of a previously announced program. The shares will be held in treasury, increasing Vodafone’s treasury shares to over 1.4 billion. This move is part of Vodafone’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that provides a wide range of services including mobile, fixed-line, broadband, and television services. It operates globally with a strong focus on Europe and Africa, aiming to connect people and businesses through its extensive network infrastructure.
YTD Price Performance: 6.15%
Average Trading Volume: 95,962,842
Technical Sentiment Signal: Sell
Current Market Cap: £18.11B
Learn more about VOD stock on TipRanks’ Stock Analysis page.