Vodafone (GB:VOD) has released an update.
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Vodafone has repurchased 500,000 of its own shares from Goldman Sachs International at an average price of 73.04 pence per share. This transaction is part of Vodafone’s ongoing share buyback program and the purchased shares will be held in the company’s treasury, contributing to a total of over 2.1 billion shares held. Such moves often aim to enhance shareholder value by reducing the number of shares in circulation.
For further insights into GB:VOD stock, check out TipRanks’ Stock Analysis page.
