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Vodafone Issues £500 Million Notes Under Euro Medium Term Programme

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Vodafone Issues £500 Million Notes Under Euro Medium Term Programme

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Vodafone ( (GB:VOD) ) has issued an announcement.

Vodafone Group Plc has announced the filing of final terms for £500 million 6.375% Notes due in 2050, as part of its €30 billion Euro Medium Term Note Programme. This move is significant for Vodafone as it strengthens its financial strategy and supports its long-term investment plans, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.40 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Spark’s Take on GB:VOD Stock

According to Spark, TipRanks’ AI Analyst, GB:VOD is a Neutral.

Vodafone’s overall stock score is influenced by positive technical indicators and corporate events, offset by financial challenges and valuation concerns. The company’s strategic initiatives and strong dividend yield provide a basis for cautious optimism.

To see Spark’s full report on GB:VOD stock, click here.

More about Vodafone

Vodafone Group Plc is a leading telecommunications company that operates in the global market, providing a wide range of services including mobile, fixed-line, broadband, and television. The company focuses on enhancing connectivity and digital services across various regions, aiming to drive innovation and growth in the telecommunications industry.

Average Trading Volume: 106,410,742

Technical Sentiment Signal: Buy

Current Market Cap: £19.5B

Find detailed analytics on VOD stock on TipRanks’ Stock Analysis page.

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