An announcement from Vodafone ( (GB:VOD) ) is now available.
Vodafone Group Plc announced the repurchase of 5 million of its ordinary shares from Goldman Sachs International as part of its ongoing share buyback program. This move is aimed at holding the purchased shares in treasury, which could potentially enhance shareholder value and improve the company’s financial metrics by reducing the number of shares outstanding.
More about Vodafone
Vodafone Group Plc is a leading telecommunications company that provides a range of services including mobile, fixed-line, broadband, and television services. It operates in various markets worldwide, focusing on delivering connectivity and digital services to consumers and businesses.
YTD Price Performance: 9.60%
Average Trading Volume: 95,213,567
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £18.41B
For detailed information about VOD stock, go to TipRanks’ Stock Analysis page.