An update from Vodafone ( (GB:VOD) ) is now available.
Vodafone Group Plc announced the purchase of 5 million of its own ordinary shares from Goldman Sachs International, as part of a previously announced buyback program. This move is intended to hold the shares in treasury, potentially impacting the company’s share value and market perception by reducing the number of shares available in the market.
More about Vodafone
Vodafone Group Plc operates in the telecommunications industry, providing a wide range of services including mobile and fixed-line communications, broadband, and digital solutions. The company has a significant market presence across Europe and other regions, focusing on connectivity and digital transformation.
YTD Price Performance: 7.29%
Average Trading Volume: 95,641,627
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £17.53B
See more insights into VOD stock on TipRanks’ Stock Analysis page.