Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Vodafone ( (GB:VOD) ) just unveiled an update.
Vodafone Group Plc announced the purchase of 8.8 million of its own ordinary shares at a volume weighted average price of 66.81 pence per share from Citigroup Global Markets Limited. This transaction is part of a previously announced share buyback programme, aimed at managing the company’s capital structure by holding the acquired shares in treasury. The strategic initiative reflects Vodafone’s efforts to optimize shareholder value and maintain a strong balance sheet.
More about Vodafone
Vodafone Group Plc is a global telecommunications company that operates primarily in the mobile and fixed-line communications sector. It provides a wide range of services including voice, messaging, data, and fixed broadband services, catering to both consumer and enterprise markets across various countries.
YTD Price Performance: -2.40%
Average Trading Volume: 80,843,460
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £16.98B
Find detailed analytics on VOD stock on TipRanks’ Stock Analysis page.
