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Vodafone (GB:VOD)
LSE:VOD

Vodafone (VOD) AI Stock Analysis

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GB:VOD

Vodafone

(LSE:VOD)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
119.00p
â–²(6.73% Upside)
Action:ReiteratedDate:12/07/25
Vodafone's overall stock score reflects a mix of financial challenges and positive strategic initiatives. The strong technical momentum and optimistic earnings call sentiment are offset by financial performance concerns and valuation issues. Corporate events further support a positive outlook.
Positive Factors
Service revenue growth
Sustained service revenue growth (5.8% in Q2) indicates stronger recurring top-line across consumer and enterprise segments. Durable service expansion across Europe and Africa supports stable cash inflows, improving ability to fund networks, pay dividends, and invest in strategic initiatives over 2–6 months.
Network scale & market position
High 5G coverage in Germany and clear UK leadership demonstrate structural competitive advantages: scale, customer reach, and superior fixed/mobile infrastructure. These network assets support customer retention, higher ARPU potential, and lower unit costs over time versus smaller rivals.
Capital returns & allocation
Commitment to a progressive dividend and a further €1bn buyback signals disciplined capital allocation and management confidence in cash generation. This structural policy supports shareholder returns and reflects priorities to balance investment, deleveraging, and returns over coming quarters.
Negative Factors
High leverage
A debt-to-equity ratio near 1.0 and high absolute debt raise refinancing and interest-rate sensitivity risks. Elevated leverage constrains strategic flexibility, increases interest burdens, and limits capacity for incremental M&A or accelerated capex without clearer debt reduction.
Negative profitability
Negative net income and EBIT margins, alongside recent revenue decline, indicate persistent profitability pressure. Structural margin weakness reduces internal funding for growth, stresses return on equity, and raises questions about the durability of dividend increases without sustained profit recovery.
Germany market & regulatory risks
Germany is a large market with slow revenue trends; potential legislation affecting multi-dwelling unit access and fiber deployment could structurally raise rollout costs or limit addressable broadband growth, undermining expected synergy and growth from network investments.

Vodafone (VOD) vs. iShares MSCI United Kingdom ETF (EWC)

Vodafone Business Overview & Revenue Model

Company DescriptionVodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers. It also provides value added services, such as Internet of Things (IoT) comprising logistics and fleet management, smart metering, insurance, cloud, and security services; and automotive and health solutions. In addition, the company offers M-Pesa, an African payment platform, which provides money transfer, financial, and business and merchant payment services; and various services to operators through its partner market agreements. Vodafone Group Public Limited Company has a strategic partnership with Open Fiber. As of March 31, 2022, it had approximately 323 million mobile customers, 28 million fixed broadband customers, and 22 million TV customers. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.
How the Company Makes MoneyVodafone generates revenue primarily through its telecommunications services, which include mobile subscriptions, fixed broadband access, and enterprise solutions. Key revenue streams include monthly subscription fees from mobile and broadband customers, usage-based charges for voice and data services, and fees from business solutions provided to corporate clients. Additionally, Vodafone benefits from roaming charges when customers use their devices abroad. The company has established significant partnerships with various technology and infrastructure providers, enabling it to enhance service offerings and expand its customer base. Strategic alliances with companies in the IoT space also contribute to revenue growth, as demand for connected devices and smart solutions increases.

Vodafone Earnings Call Summary

Earnings Call Date:Nov 11, 2025
(Q2-2026)
|
% Change Since: |
Next Earnings Date:May 19, 2026
Earnings Call Sentiment Positive
The call highlighted strong financial growth, successful mergers and acquisitions, and operational achievements in key markets like Germany, the U.K., and Africa. However, there were challenges noted in sustaining revenue growth in Germany and potential legislative changes impacting fiber deployment. Overall, the sentiment leans towards optimism with a positive outlook for dividend growth, despite some moderating factors.
Q2-2026 Updates
Positive Updates
Strong Financial Performance
Group service revenue growth accelerated to 5.8% in Q2, supported by growth across Europe and Africa. Group EBITDAaL grew by 6.8% in the first half, with nearly all markets posting EBITDAaL growth. The company expects to close the year at the upper end of the growth guidance.
Operational Achievements in Key Markets
In Germany, the 5G stand-alone network covers over 90% of the population, serving over 40 million customers. In the U.K., Vodafone is the largest mobile operator with almost 30 million customers, and the fastest-growing broadband provider, with the largest gigabit footprint.
Successful Mergers and Acquisitions
Completed the merger of Vodafone and Three in the U.K. and the acquisition of Telekom Romania's assets. Also announced the acquisition of a cloud service specialist in Germany.
Strong Performance in Emerging Markets
Significant growth in African markets with double-digit EBITDAaL growth. Turkey also showed mid-teens service revenue growth in hard currency due to strong digital capabilities and cost management.
Progressive Dividend Policy
Announced a move to a progressive dividend policy, expecting an initial 2.5% growth and intentions to grow the dividend over time.
Negative Updates
Challenges in Germany
Despite improvements, German revenue trends remain stable without significant growth, still facing headwinds in TV and mobile market dynamics.
Potential Legislative Changes in Germany
Proposed changes in legislation may impact operators' access to MDUs and fiber deployment, though the company views the impact as marginal.
Emerging Markets Growth Moderation
Expectations of a slowdown in emerging markets' growth contribution due to moderating inflation, impacting future financial performance.
Company Guidance
In the recent call, Vodafone provided detailed guidance on its financial and operational performance. The company reported a group service revenue growth of 5.8% in Q2, with group EBITDAaL increasing by 6.8% in the first half of the fiscal year. Vodafone expects to close the year at the upper end of its growth guidance, set in May, following strong performance across Europe and Africa. The company highlighted its strategic priorities, including the integration of Vodafone and Three in the U.K., where a £700 million cost and CapEx synergy is anticipated, and the ongoing transformation in Germany. Vodafone aims to maintain a progressive dividend policy with a 2.5% increase this year, returning capital to shareholders through dividends and a further €1 billion in buybacks. The company also emphasized its operational advancements, such as achieving over 90% 5G network coverage in Germany and expanding its gigabit broadband reach.

Vodafone Financial Statement Overview

Summary
Vodafone's financial performance is challenged by declining revenue and profitability, with negative net income and EBIT margins. High debt levels present financial risk, though liquidity is maintained through positive free cash flow.
Income Statement
45
Neutral
Vodafone's income statement reveals a concerning picture with declining revenue and profitability. The revenue for 2025 decreased by 1.8% from the previous year. The net profit margin is negative, driven by substantial net losses in 2025, indicating challenges in cost management and revenue generation. Additionally, the EBIT margin is negative, reflecting operational inefficiencies.
Balance Sheet
55
Neutral
The balance sheet shows a high level of debt, with a debt-to-equity ratio of 1.01 in 2025, which is a potential risk. Despite this, the equity ratio is reasonable at 41%, providing some stability. However, the return on equity has turned negative due to the net losses, indicating poor shareholder returns.
Cash Flow
60
Neutral
Vodafone's cash flow analysis reflects some strengths with a positive operating cash flow, although it declined from 2024 to 2025. The free cash flow to net income ratio is not meaningful due to net losses, but the company maintains positive free cash flow, suggesting liquidity strength despite underlying profitability issues.
BreakdownTTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2019
Income Statement
Total Revenue38.47B37.45B36.72B45.71B45.58B44.97B
Gross Profit12.65B12.52B12.26B14.86B15.01B14.29B
EBITDA13.47B11.61B14.78B11.77B13.00B14.08B
Net Income-4.42B-4.17B1.14B11.84B2.24B-920.00M
Balance Sheet
Total Assets128.86B128.52B144.35B155.52B154.05B168.17B
Cash, Cash Equivalents and Short-Term Investments13.53B15.49B10.53B18.48B14.73B19.53B
Total Debt53.91B53.14B54.36B61.50B67.18B69.63B
Total Liabilities72.25B74.61B83.35B91.04B96.98B105.54B
Stockholders Equity52.82B52.74B59.97B63.40B54.78B61.41B
Cash Flow
Free Cash Flow9.68B8.67B9.70B13.10B13.53B12.20B
Operating Cash Flow14.24B15.37B16.56B18.05B18.08B17.38B
Investing Cash Flow40.00M4.76B-6.12B-379.00M-6.87B-8.09B
Financing Cash Flow-13.84B-15.28B-15.86B-13.43B-9.71B-9.35B

Vodafone Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price111.50
Price Trends
50DMA
107.01
Positive
100DMA
98.70
Positive
200DMA
89.57
Positive
Market Momentum
MACD
1.71
Positive
RSI
49.45
Neutral
STOCH
21.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:VOD, the sentiment is Neutral. The current price of 111.5 is below the 20-day moving average (MA) of 113.96, above the 50-day MA of 107.01, and above the 200-day MA of 89.57, indicating a neutral trend. The MACD of 1.71 indicates Positive momentum. The RSI at 49.45 is Neutral, neither overbought nor oversold. The STOCH value of 21.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:VOD.

Vodafone Risk Analysis

Vodafone disclosed 13 risk factors in its most recent earnings report. Vodafone reported the most risks in the "Macro & Political" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Vodafone Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
£808.36M16.6918.64%2.23%11.95%20.69%
69
Neutral
£20.36B15.397.56%4.42%-2.53%24.52%
63
Neutral
£25.64B7.41-7.57%3.74%16.15%-279.78%
63
Neutral
£12.85B24.6221.04%1.50%14.13%―
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
57
Neutral
£4.00B-16.28-10.35%―――
51
Neutral
£20.47M-9.06-2.48%―-2.66%86.10%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:VOD
Vodafone
111.50
45.21
68.20%
GB:BT.A
BT Group plc
206.50
61.31
42.23%
GB:GAMA
Gamma Communications
884.00
-401.99
-31.26%
GB:MAI
Maintel Holdings
142.50
-87.50
-38.04%
GB:ZEG
Zegona Communications
1,730.00
1,239.26
252.53%
GB:AAF
Airtel Africa Plc
360.00
221.16
159.30%

Vodafone Corporate Events

Business Operations and StrategyStock Buyback
Vodafone Buys Back 10 Million Shares for Treasury Under Ongoing Programme
Positive
Mar 4, 2026

Vodafone Group has continued its share buyback programme by purchasing 10 million ordinary shares on 3 March 2026 through Goldman Sachs International, at a volume‑weighted average price of 110.02 pence. The transaction forms part of a previously announced programme initiated in early February and is executed with GSI acting as riskless principal on the London Stock Exchange.

The newly acquired shares will be held in treasury, bringing Vodafone’s treasury holdings to about 1.75 billion shares and leaving roughly 23.13 billion shares in issue excluding treasury stock. Increasing treasury shares through buybacks can enhance capital return flexibility and may support earnings per share over time, signalling ongoing balance‑sheet management and capital allocation efforts to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £125.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 5 Million Shares for Treasury Under Ongoing Programme
Positive
Mar 3, 2026

Vodafone has continued executing its share buyback programme, repurchasing 5 million ordinary shares on 2 March 2026 from Goldman Sachs International at a volume-weighted average price of 113 pence. The latest tranche, which will be held in treasury, lifts Vodafone’s treasury holdings to about 1.74 billion shares out of 23.14 billion in issue, incrementally boosting earnings-per-share metrics and signalling ongoing capital returns to shareholders.

The transaction, conducted on the London Stock Exchange with Goldman Sachs acting as riskless principal, forms part of previously announced instructions under the company’s wider repurchase plan. By shrinking its free float through treasury share accumulation, Vodafone maintains flexibility for future capital management options while reinforcing its commitment to shareholder remuneration in a challenging European telecoms market.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £125.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Vodafone Updates Market on Total Voting Rights and Share Capital
Neutral
Mar 2, 2026

Vodafone Group has disclosed its updated share capital and voting rights position as of 27 February 2026, reporting an issued share capital of 24,877,960,757 ordinary shares, of which 1,732,462,324 are held in treasury. This leaves a total of 23,145,498,433 voting rights, a figure shareholders must use to assess whether they need to report holdings or changes under U.K. disclosure and transparency rules, underscoring ongoing regulatory compliance and ownership transparency.

The clarification of voting rights helps investors track their percentage stakes in Vodafone more accurately, which is important for institutional holders monitoring regulatory thresholds. While the announcement does not signal a transactional event, it provides updated capital structure data that can influence governance considerations, index calculations, and the monitoring of significant shareholdings in one of Europe and Africa’s key telecoms operators.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 4 Million Shares for Treasury in Ongoing Capital Return Drive
Positive
Mar 2, 2026

Vodafone has repurchased 4 million of its ordinary shares from Goldman Sachs International on 27 February 2026 under its previously announced buyback programme, at a volume-weighted average price of 114.06 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury stock to more than 1.73 billion shares and leaving 23.15 billion shares in issue, a move that marginally reduces the free float and can enhance capital return metrics for shareholders.

The transaction, executed on the London Stock Exchange with Goldman Sachs acting as riskless principal, underlines Vodafone’s continued use of buybacks as part of its capital management strategy. By shrinking the pool of outstanding shares, the group may improve per-share financial ratios over time, signalling confidence in its valuation and offering incremental support to the share price in a competitive telecoms market.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 4 Million Shares for Treasury Under Ongoing Programme
Positive
Feb 27, 2026

Vodafone Group has repurchased 4,000,000 of its ordinary shares on 26 February 2026 under its existing buyback programme, at a volume-weighted average price of 115.35 pence per share, via Goldman Sachs International on the London Stock Exchange. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,728,462,324 shares and leaving 23,149,498,433 ordinary shares in issue, a move that marginally reduces the company’s free float and can enhance earnings per share over time.

The transaction forms part of a previously announced programme under which Goldman Sachs buys Vodafone shares as riskless principal and then sells them on to the company. By continuing to execute on its buyback strategy at current market levels, Vodafone is signalling ongoing capital management discipline, which may support shareholder returns and reflects management’s view on the intrinsic value of the stock.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 2.5 Million Shares to Treasury in Ongoing Buyback
Positive
Feb 26, 2026

Vodafone Group Plc has repurchased 2,500,000 of its ordinary shares from Goldman Sachs International as part of a previously announced share buyback programme, paying a volume-weighted average price of 117.25 pence per share. The company will hold the shares in treasury, bringing its treasury stock to 1,724,462,324 shares and leaving 23,153,498,433 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time, signalling continued active capital management to investors.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £129.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 3.5 Million Shares to Treasury in Ongoing Buyback
Positive
Feb 25, 2026

Vodafone Group Plc has repurchased 3.5 million of its ordinary shares on 24 February 2026 under a previously announced buyback programme executed through Goldman Sachs International. The shares, acquired on the London Stock Exchange at a volume-weighted average price of 116.86 pence, will be held in treasury, bringing Vodafone’s treasury stock to roughly 1.72 billion shares and reducing the freely tradable share count to about 23.16 billion.

The latest tranche continues Vodafone’s capital management strategy of returning value to shareholders and potentially supporting its earnings per share by lowering the number of shares in circulation. By executing the transactions via a riskless principal arrangement with Goldman Sachs, Vodafone maintains orderly market execution while signalling ongoing confidence in its equity to investors and other stakeholders.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and Strategy
Vodafone to Redeem 2028 Dollar Notes in Debt Management Move
Positive
Feb 24, 2026

Vodafone Group plans to redeem its 4.375% dollar notes due May 2028, using a call price based on the higher of par plus accrued interest or a make-whole amount tied to U.S. Treasury yields plus 25 basis points. The move allows the telecoms group to actively manage its debt profile and interest costs, underscoring its ongoing balance sheet discipline and potentially improving its financial flexibility ahead of maturity.

The redemption aligns with broader efforts by large investment‑grade issuers to optimize capital structures in a shifting rate environment. For bondholders, the transaction crystallizes value earlier than scheduled, while for Vodafone it may create scope to reallocate capital toward strategic network, digital and financial services investments across its European and African footprint.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 1.5 Million Shares to Treasury in Ongoing Buyback
Positive
Feb 24, 2026

Vodafone Group Plc has continued its share buyback activity, repurchasing 1.5 million ordinary shares on 23 February 2026 through Goldman Sachs International at a volume-weighted average price of 116.03 pence. The company plans to hold these shares in treasury, bringing its treasury stock to about 1.72 billion shares and leaving roughly 23.16 billion shares in issue, a move that marginally reduces free float and can support earnings per share over time.

The transaction forms part of a previously announced repurchase programme under which Goldman Sachs acts as a riskless principal, buying shares in the market and selling them on to Vodafone. Continued execution of this programme signals ongoing capital-return efforts and balance-sheet management, which may be viewed positively by investors seeking improved capital efficiency in a mature European telecoms sector.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 1.5 Million Shares for Treasury in Ongoing Programme
Positive
Feb 24, 2026

Vodafone has continued its share buyback activity, purchasing 1.5 million ordinary shares on 23 February 2026 through Goldman Sachs International at a volume-weighted average price of 116.03 pence. The company plans to hold these shares in treasury, bringing its treasury stock to about 1.72 billion shares and leaving roughly 23.16 billion shares in issue, a move that marginally reduces free float and may support earnings per share and capital management objectives.

The transaction forms part of a previously announced repurchase programme under which Goldman Sachs acts as riskless principal, buying Vodafone shares on the market and then selling them on to the company. While routine in nature, the latest tranche underscores Vodafone’s ongoing commitment to returning capital to shareholders and actively managing its balance sheet amid continuing efforts to optimise its capital structure and investor appeal.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 5 Million Shares for Treasury Under Ongoing Programme
Positive
Feb 23, 2026

Vodafone has continued its share buyback programme by purchasing 5,000,000 ordinary shares on 20 February 2026 from Goldman Sachs International at a volume-weighted average price of 115.76 pence on the London Stock Exchange. The shares will be held in treasury, bringing Vodafone’s treasury stock to more than 1.7 billion shares out of a total issued share capital of about 23.16 billion, a move that can support capital return strategy and potentially enhance earnings per share over time for remaining shareholders.

The latest transaction, executed by Goldman Sachs acting as riskless principal under instructions issued earlier in February, underscores Vodafone’s ongoing use of buybacks as a tool for balance sheet management and shareholder value optimisation. By reducing the free float while maintaining a large overall issuance, the company signals confidence in its equity valuation and continues to fine-tune its capital structure in a competitive telecoms landscape.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 31.8 Million Shares for Treasury Holding
Positive
Feb 20, 2026

Vodafone Group Plc has continued its share buyback programme by repurchasing 31,840,026 ordinary shares on 19 February 2026 from Goldman Sachs International at a volume-weighted average price of 115.42 pence. The company will hold these shares in treasury, bringing its treasury holding to 1,712,051,017 shares and leaving 23,165,909,740 ordinary shares in issue, a move that effectively reduces the free float and can support earnings per share and capital return objectives for investors.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £129.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 26.4 Million Shares for Treasury Holding
Positive
Feb 19, 2026

Vodafone has continued its share buyback activity, purchasing 26,381,583 ordinary shares on 18 February 2026 from Goldman Sachs International under an existing repurchase programme. The shares were bought at prices between 115.85p and 120.00p, with a volume-weighted average of 117.17p, and will be held in treasury, leaving 23,197,516,218 shares in issue excluding treasury.

Following this transaction, Vodafone now holds 1,680,444,539 of its ordinary shares in treasury, further consolidating its capital structure. The buyback, executed across multiple trading venues, underscores the group’s ongoing capital management strategy, which can support earnings per share metrics and signal confidence in the company’s valuation to investors.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyM&A Transactions
Vodafone to Sell VodafoneZiggo Stake to Liberty Global for €1 Billion and 10% in New Ziggo Group
Positive
Feb 18, 2026

Vodafone has agreed to sell its 50% stake in Dutch telecoms operator VodafoneZiggo to Liberty Global for €1 billion in cash and a 10% shareholding in the new Ziggo Group, which will own 100% of both VodafoneZiggo and Belgian operator Telenet. The deal values VodafoneZiggo at 7.1 times forecast 2025 adjusted EBITDA and 14.2 times adjusted operating free cash flow, underscoring strong investor appetite for converged cable and mobile assets in the Benelux region.

Liberty Global plans to spin off its 90% stake in Ziggo Group to shareholders and seek a full listing on Euronext Amsterdam in 2027, a move expected to unlock financial and operational synergies across the combined Dutch and Belgian businesses. Vodafone will retain exposure through its 10% Ziggo Group stake and will earn €625 million over 10 years by continuing to provide services such as brand licensing, while the transaction, subject to regulatory approvals, is set to complete in the second half of 2026.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 20.4 Million Shares to Treasury in Ongoing Buyback
Positive
Feb 18, 2026

Vodafone has continued its share buyback programme by purchasing 20,416,223 ordinary shares from Goldman Sachs International on 17 February 2026, at a volume-weighted average price of 115.11 pence. The transaction, executed across several trading venues, forms part of previously announced instructions and reflects the group’s ongoing capital management strategy.

The company intends to hold the repurchased shares in treasury, bringing its total treasury holding to 1,654,062,956 shares and leaving 23,223,897,801 ordinary shares in issue excluding treasury stock. Increasing the volume of treasury shares can enhance capital structure flexibility, potentially support earnings per share over time and signals continued management focus on shareholder returns.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 17.2 Million Shares to Treasury in Ongoing Buyback
Positive
Feb 17, 2026

Vodafone Group Plc has repurchased 17,154,175 of its ordinary shares on 16 February 2026 under a previously announced buyback programme executed via Goldman Sachs International. The shares, acquired at a volume-weighted average price of 113.93 pence, will be held in treasury, lifting Vodafone’s treasury stock to 1.63 billion shares and reducing the free float to just over 23.24 billion shares.

The transaction underscores Vodafone’s continued use of share buybacks as a capital-management tool, which can support earnings per share and signal confidence in its financial position. By routing purchases through multiple trading venues and a riskless principal arrangement with Goldman Sachs, the group is also demonstrating adherence to market regulations and a disciplined approach to executing large-volume repurchases.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 23.8 Million Shares for Treasury Holding
Positive
Feb 16, 2026

Vodafone Group Plc disclosed that it repurchased 23,750,211 of its ordinary shares on 13 February 2026 under a previously announced buyback programme executed through Goldman Sachs International. The shares were acquired at a volume-weighted average price of 114.25 pence and will be held in treasury, reflecting management’s continued use of buybacks as part of its capital management strategy.

Following this latest transaction, Vodafone now holds 1,617,554,276 shares in treasury, with 23,260,406,481 ordinary shares remaining in issue excluding treasury stock. The sizable repurchase further concentrates the company’s free float and may support earnings per share over time, while signalling ongoing confidence in the group’s equity value and balance-sheet flexibility to investors.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 11.3 Million Shares to Treasury in Ongoing Buyback
Positive
Feb 13, 2026

Vodafone Group Plc has repurchased 11,293,787 of its ordinary shares on 12 February 2026 under a previously announced buyback programme executed through Goldman Sachs International. The shares, acquired at a volume-weighted average price of 114.68 pence, will be held in treasury, bringing Vodafone’s treasury holding to 1,593,804,065 shares and leaving 23,284,156,692 shares in issue, a move that can support capital allocation flexibility and potentially enhance shareholder value.

Under the arrangement, Goldman Sachs International acted as riskless principal, purchasing Vodafone shares on various trading venues including XLON, CHIX, TRQX, and AQXE before selling them to the company. The detailed execution across venues underscores the scale and structure of Vodafone’s ongoing capital management programme, which incrementally reduces free float and may influence liquidity and per-share financial metrics over time.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £124.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Private Placements and FinancingRegulatory Filings and Compliance
Vodafone Issues FCA-Approved Supplement for €30 Billion EMTN Programme
Positive
Feb 12, 2026

Vodafone Group Plc has published a supplementary prospectus for its €30 billion Euro Medium Term Note Programme, which has been approved by the U.K. Financial Conduct Authority and is now available for investors to review online. The supplement, which must be read alongside the existing base prospectus, supports Vodafone’s ongoing access to euro-denominated debt markets, underpinning its financing flexibility and capital structure management.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £124.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Dividends
Vodafone Executives Reinvest Dividends Into Additional Shares
Neutral
Feb 12, 2026

Vodafone Group has disclosed that its chair, Jean-François van Boxmeer, and chief external and corporate affairs officer, Joakim Reiter, acquired additional ordinary shares in the company via its Dividend Reinvestment Plan. The transactions, executed on 10 February 2026 on the London Stock Exchange, reflect the automatic reinvestment of dividends into Vodafone stock rather than cash payouts.

The chair purchased 23,785 shares at around GBP 1.14 per share, while the senior executive acquired 52,297 shares at just over GBP 1.14, resulting in total considerations of roughly GBP 27,115 and GBP 59,662 respectively. While routine in nature, such reinvestments modestly increase insider holdings and may be viewed by some investors as a sign of continued alignment between senior management and shareholder interests.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £124.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 13 Million Shares for Treasury in Ongoing Capital Programme
Positive
Feb 12, 2026

Vodafone has repurchased 13,000,307 of its ordinary shares on 11 February 2026 under its ongoing buyback programme, at a volume-weighted average price of 113.27 pence per share. The shares, acquired via Goldman Sachs International across multiple trading venues, will be held in treasury, taking Vodafone’s treasury holding to 1,582,510,278 shares and leaving 23,295,450,479 shares in issue, a move that can enhance earnings per share and signal confidence in the company’s valuation.

The transaction illustrates Vodafone’s continued use of capital-return measures as part of its broader financial strategy, potentially supporting its share price and offering incremental value to remaining shareholders. By reducing the free float while maintaining operational scale, the company reinforces its market positioning in the telecoms sector and may influence investor perception of its long-term capital discipline.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £124.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Stock Buyback
Vodafone Adds 22.3 Million Shares to Treasury in Ongoing Buyback
Positive
Feb 11, 2026

Vodafone Group Plc has continued its share buyback programme by repurchasing 22,306,532 ordinary shares on 10 February 2026 from Goldman Sachs International at a volume-weighted average price of 113.18 pence. The company intends to hold these shares in treasury, bringing its treasury stock to 1,569,547,229 shares and leaving 23,308,413,528 shares in issue excluding treasury.

The transactions, executed across several European trading venues, form part of a previously announced programme under which Goldman Sachs acts as riskless principal, purchasing Vodafone shares in the market and selling them on to the company. The move incrementally increases Vodafone’s treasury holdings, which can support capital management flexibility and may influence earnings per share over time by reducing the free float.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £126.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 23.4 Million Shares for Treasury in Ongoing Capital Programme
Positive
Feb 10, 2026

Vodafone has repurchased 23,389,609 of its ordinary shares on 9 February 2026 under its previously announced buyback programme, at prices between 111.45p and 113.50p and a volume-weighted average price of 112.70p. The shares, acquired via Goldman Sachs International across multiple trading venues, will be held in treasury, bringing Vodafone’s treasury holdings to 1,547,268,125 shares and reducing the free float to 23,330,692,632 shares, a move that can support earnings per share and signal confidence in the company’s valuation.

Goldman Sachs International executed the trades as riskless principal, purchasing Vodafone shares in the market and selling them on to the company in line with the programme’s terms. The activity, spread across venues including XLON, CHIX, BATE, AQXE and TRQX, underscores Vodafone’s ongoing capital management strategy, which may impact liquidity in its shares and reflects continued use of buybacks as a tool to return value to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £123.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Other
Vodafone Directors and Connected Parties Acquire Shares via Dividend Reinvestment Plan
Neutral
Feb 9, 2026

Vodafone has disclosed share purchases by a non-executive director and a person closely associated with another board member, executed via the company’s Dividend Reinvestment Plan. Non-executive director Simon Dingemans acquired 940 ordinary shares on 5 February 2026, while Lady Anna Carter, who is closely associated with non-executive director Stephen A. Carter, bought 3,037 shares on 6 February 2026 on the London Stock Exchange.

The transactions modestly increase insider and related-party holdings in Vodafone, underscoring continued engagement by its board and affiliated parties with the company’s equity. Such Dividend Reinvestment Plan activity is routine but can be interpreted by some investors as a sign of alignment between governance stakeholders and shareholder interests.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £123.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Expands Share Buyback, Adds Over 22 Million Shares to Treasury
Positive
Feb 9, 2026

Vodafone Group has continued its share buyback activity, repurchasing 22,341,397 ordinary shares on 06 February 2026 from Goldman Sachs International under an existing programme. The shares were acquired at a volume-weighted average price of 111.02 pence and will be held in treasury, reflecting ongoing capital management efforts that can support earnings per share and signal confidence in the company’s valuation to investors.

Following this latest transaction, Vodafone now holds 1,523,878,516 ordinary shares in treasury and has 23,354,082,241 ordinary shares in issue excluding treasury stock. The scale of the repurchase underscores the group’s commitment to returning capital and optimizing its balance sheet, a relevant move in a capital-intensive telecoms industry where buybacks can influence shareholder returns and trading liquidity.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £123.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and Strategy
Vodafone Egypt boosts spectrum holdings in multi‑year capacity push
Positive
Feb 9, 2026

Vodafone’s African subsidiary Vodacom has confirmed that Vodafone Egypt will take part in the Egyptian government’s multi‑year spectrum investment programme, securing additional 1,800MHz frequencies to boost network capacity. The deal, paid over four years starting in FY26, will allow Vodafone Egypt to improve data connectivity and meet rising demand for reliable mobile and broadband services in a key growth market.

Following the purchase of 2 x 10MHz in the 1,800MHz band, Vodafone Egypt’s total spectrum holdings in that band will double, strengthening its competitive position ahead of future allocations in the 3,500MHz band and the renewal of 2,600MHz licences planned between FY28 and FY32. Vodafone Group expects to record an additional intangible spectrum asset of about $350 million, underscoring the strategic importance of long‑term spectrum access for its network quality and digital service expansion in Egypt.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £123.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 27 Million Shares for Treasury in Ongoing Capital Return Drive
Positive
Feb 6, 2026

Vodafone Group has executed another tranche of its share buyback programme, repurchasing 27,056,765 ordinary shares on 5 February 2026 from Goldman Sachs International at a volume‑weighted average price of 108.53 pence per share, with prices ranging between 104.25 and 110.35 pence. The company will hold the repurchased stock in treasury, lifting its treasury holdings to 1,501,537,119 shares and leaving 23,376,423,638 ordinary shares in issue excluding treasury, in a move that incrementally boosts earnings per share and signals continued capital return to shareholders as part of its broader balance-sheet and capital-allocation strategy.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £127.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Launches €500 Million Share Buyback to Reduce Share Capital
Positive
Feb 5, 2026

Vodafone has launched a share buyback programme of up to €500 million, appointing Goldman Sachs International to repurchase its ordinary shares on a non-discretionary basis between 5 February and no later than 11 May 2026. The purchases, conducted on the London Stock Exchange and other authorised trading venues under existing shareholder authority, are intended solely to reduce Vodafone’s share capital, with acquired shares to be held in treasury for subsequent cancellation or use in employee share awards, signalling an effort to optimise capital structure and return value to shareholders while aligning with regulatory requirements in the UK and EU.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £124.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 10.6 Million Shares to Treasury in Ongoing Buyback Programme
Positive
Feb 5, 2026

Vodafone Group has continued its ongoing share buyback programme by repurchasing 10,606,031 ordinary shares on 4 February 2026 from Merrill Lynch International at a volume-weighted average price of 114.19 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury holdings to 1,474,480,354 shares and leaving 23,403,480,403 ordinary shares in issue excluding treasury, thereby marginally reducing the company’s free float and potentially enhancing earnings per share for remaining investors as the group executes its previously announced capital management plan.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £124.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Vodafone Lifts Q3 Revenues and Reaffirms Upper-End FY26 Guidance Amid UK Integration Progress
Positive
Feb 5, 2026

Vodafone reported a 6.5% rise in group total revenue to €10.5 billion and a 7.3% increase in service revenue to €8.5 billion for the third quarter of FY26, driven by strong growth in Africa, solid contributions from Türkiye, and the consolidation of Three UK and Telekom Romania, while Germany returned to modest service revenue growth and the UK saw a small anticipated decline due to prior-year one-offs. Organic service revenue rose 5.4%, group Adjusted EBITDAaL grew 2.3% organically in the quarter and 5.3% year-to-date, and the company reiterated that it expects to deliver at the upper end of its FY26 guidance ranges for profit and cash flow, even as operating profit fell sharply due to M&A-related non-cash impacts linked to its Indian restructuring. Management highlighted good progress on integrating the VodafoneThree UK business, continued double‑digit organic growth in Africa including accelerating financial services, and maintained a shareholder-friendly stance with €3.5 billion of buybacks completed and plans to grow the FY26 dividend per share, underscoring confidence in its medium-term cash flow outlook despite accounting headwinds.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £124.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds to Treasury Stock with Latest Share Buyback
Positive
Feb 4, 2026

Vodafone Group has continued its ongoing share buyback programme, instructing Merrill Lynch International to repurchase 25,440 ordinary shares on 3 February 2026 at a volume-weighted average price of 110.18 pence. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1.46 billion shares and leaving 23.41 billion shares in issue, a capital management move that can enhance earnings per share and provides the company with flexibility over future balance sheet and shareholder return decisions.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £121.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back Further 146,082 Shares for Treasury
Positive
Feb 3, 2026

Vodafone Group has continued its share buyback activity, purchasing 146,082 of its ordinary shares on 2 February 2026 through Merrill Lynch International at a volume-weighted average price of 108.66 pence, with the shares to be held in treasury. Following this transaction, the company now holds 1.46 billion shares in treasury out of 23.41 billion shares in issue, underscoring an ongoing capital management programme that incrementally reduces the free float and can enhance earnings per share over time, with implications for shareholder returns and market perception of the group’s valuation discipline.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £119.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Regulatory Filings and Compliance
Vodafone Confirms Total Voting Rights at 23.4 Billion Shares
Neutral
Feb 2, 2026

Vodafone Group has confirmed that, as of 30 January 2026, its issued share capital comprises 24,877,960,757 ordinary shares, of which 1,464,046,841 are held in treasury, leaving 23,413,913,916 voting rights in the company. The disclosure, made in line with UK transparency rules, provides investors with the denominator needed for regulatory notifications about shareholdings and does not constitute an offer or solicitation of securities.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £119.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 1.5 Million Shares to Treasury in Ongoing Buyback Programme
Positive
Feb 2, 2026

Vodafone Group has continued executing its previously announced share buyback programme by purchasing 1,523,376 of its ordinary shares on 30 January 2026 via Merrill Lynch International at a volume-weighted average price of 106.94 pence per share. The acquired shares will be held in treasury, bringing Vodafone’s treasury holdings to 1,464,046,841 shares and leaving 23,413,913,916 ordinary shares in issue excluding treasury stock, a move that incrementally reduces the free float and can enhance earnings per share over time, signalling ongoing capital returns to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £119.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 1.6 Million Shares to Treasury in Ongoing Buyback Programme
Positive
Jan 30, 2026

Vodafone Group has continued its share buyback activity, purchasing 1,567,099 ordinary shares on 29 January 2026 through Merrill Lynch International at a volume-weighted average price of 106.66 pence per share. The repurchased shares will be held in treasury, bringing Vodafone’s treasury stock to 1.46 billion shares and leaving 23.42 billion ordinary shares in issue excluding treasury, underscoring the group’s ongoing capital management strategy and its efforts to optimise its share base for investors.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £112.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 2.4 Million Shares to Treasury in Ongoing Buyback
Positive
Jan 29, 2026

Vodafone Group Plc has continued its share buyback activity, repurchasing 2,434,385 ordinary shares on 28 January 2026 under its previously announced programme with Merrill Lynch International at a volume-weighted average price of 105.64 pence per share. The repurchased shares will be held in treasury, bringing Vodafone’s treasury stock to 1,460,956,366 shares and leaving 23,417,004,391 ordinary shares in issue excluding treasury, a move that incrementally boosts earnings per share and signals ongoing capital return to shareholders while providing flexibility for future corporate purposes.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £118.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Continues Share Buyback, Adding 2.5 Million Shares to Treasury
Positive
Jan 28, 2026

Vodafone has repurchased 2,518,599 of its ordinary shares on 27 January 2026 under its ongoing buyback programme with Merrill Lynch International, at a volume-weighted average price of 105.17 pence per share, and will hold these shares in treasury. The transaction increases Vodafone’s treasury share holding to 1.46 billion shares and leaves 23.42 billion shares in issue, underscoring the group’s continued use of share repurchases as a capital management tool that may support earnings per share and signal management’s confidence in the company to investors.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £117.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 2.6 Million Shares to Treasury in Ongoing Buyback
Positive
Jan 27, 2026

Vodafone Group Plc has continued its share buyback programme by repurchasing 2,570,142 ordinary shares on 26 January 2026 from Merrill Lynch International at a volume-weighted average price of 104.82 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,456,028,932 shares and leaving 23,421,931,825 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can support metrics such as earnings per share and capital return to shareholders under its ongoing buyback strategy.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £116.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Stock Buyback
Vodafone Adds 2.6 Million Shares to Treasury in Ongoing Buyback
Positive
Jan 26, 2026

Vodafone Group Plc has continued its ongoing share buyback programme by repurchasing 2,609,338 of its ordinary shares on 23 January 2026 through Merrill Lynch International, at a volume-weighted average price of 103.78 pence per share. The company will hold these shares in treasury, bringing its treasury stock to 1,453,458,790 shares and leaving 23,424,501,967 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share and capital-return metrics for existing shareholders.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 2.7 Million Shares to Treasury in Ongoing Buyback Programme
Positive
Jan 23, 2026

Vodafone Group Plc has continued its share buyback programme, repurchasing 2,679,550 ordinary shares on 22 January 2026 through Merrill Lynch International at a volume-weighted average price of 103.78 pence per share. The acquired shares will be held in treasury, bringing Vodafone’s treasury stock to 1.45 billion shares and reducing the number of ordinary shares in issue (excluding treasury) to 23.43 billion, a move that marginally enhances earnings per share and reflects ongoing capital management efforts aimed at returning value to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.50 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 2.7 Million Shares for Treasury Under Ongoing Programme
Positive
Jan 22, 2026

Vodafone Group has continued executing its share buyback programme, repurchasing 2,733,785 ordinary shares on 21 January 2026 through Merrill Lynch International at a volume-weighted average price of 101.06 pence. The shares will be held in treasury, taking Vodafone’s treasury stock to 1,448,178,088 shares and leaving 23,429,782,669 ordinary shares in issue, a capital management move that marginally reduces the free float and can enhance earnings per share over time, signalling ongoing efforts to return value to shareholders and optimise its balance sheet.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 2.75 Million Shares for Treasury Under Ongoing Programme
Positive
Jan 21, 2026

Vodafone has continued its share buyback activity, repurchasing 2,752,297 ordinary shares on 20 January 2026 from Merrill Lynch International at a volume-weighted average price of 101 pence per share under a previously announced programme. The company plans to hold these shares in treasury, bringing its treasury holding to 1,445,444,303 shares and leaving 23,432,516,454 ordinary shares in issue, a capital management move that marginally reduces the free float and can be interpreted as an effort to enhance capital efficiency and potentially support earnings per share over time.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 2.8 Million Shares for Treasury Under Ongoing Programme
Positive
Jan 20, 2026

Vodafone Group Plc has continued its share buyback activity, purchasing 2,846,936 ordinary shares on 19 January 2026 under a previously announced programme with Merrill Lynch International, at a volume-weighted average price of 102.02 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,442,765,797 shares and leaving 23,435,194,960 ordinary shares in issue excluding treasury, a move that marginally reduces free float and may support earnings per share and capital-return objectives as the group manages its equity base.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 2.9 Million Shares to Treasury Under Ongoing Buyback Programme
Positive
Jan 19, 2026

Vodafone Group Plc has repurchased 2,869,366 of its ordinary shares on 16 January 2026 under its previously announced share buyback programme with Merrill Lynch International, paying a volume-weighted average price of 100.82 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury holding to 1,439,918,861 shares and leaving 23,438,041,896 shares in issue excluding treasury stock, a move that marginally reduces the free float and can support earnings per share over time while signalling continued focus on shareholder returns and active balance sheet management.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 2.9 Million Shares to Treasury in Ongoing Buyback
Positive
Jan 16, 2026

Vodafone Group has continued its existing share buyback programme by repurchasing 2,908,415 of its ordinary shares on 15 January 2026 through Merrill Lynch International at a volume-weighted average price of 100.98 pence per share. The repurchased shares will be held in treasury, bringing Vodafone’s treasury stock to 1,437,083,188 shares and leaving 23,440,877,569 ordinary shares in issue, a move that incrementally reduces the free float and can be interpreted as part of the company’s ongoing capital management strategy aimed at enhancing shareholder value and optimising its balance sheet.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.82 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds Nearly 4 Million Shares to Treasury Under Ongoing Buyback Programme
Positive
Jan 15, 2026

Vodafone Group Plc has continued its previously announced share buyback programme, repurchasing 3,932,315 ordinary shares on 14 January 2026 through Merrill Lynch International at a volume-weighted average price of 99.37 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,434,174,773 shares and leaving 23,443,785,984 ordinary shares in issue excluding treasury, a move that modestly reduces the free float and can enhance earnings per share over time while signalling ongoing management commitment to shareholder returns.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.82 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds 5.2 Million Shares to Treasury in Ongoing Buy-Back
Positive
Jan 14, 2026

Vodafone Group Plc has continued executing its previously announced share buy-back programme, repurchasing 5,242,866 ordinary shares on 13 January 2026 via Merrill Lynch International at a volume-weighted average price of 99.36 pence per share. The company will hold these shares in treasury, bringing its treasury stock to 1,430,340,810 ordinary shares and leaving 23,447,619,947 shares in issue excluding treasury, a move that can support earnings per share over time and signals ongoing management focus on capital returns to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.82 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 5.2 Million Shares for Treasury Under Ongoing Programme
Positive
Jan 14, 2026

Vodafone Group Plc has repurchased 5,242,866 of its ordinary shares on 13 January 2026 under a previously announced buyback programme with Merrill Lynch International, paying a volume-weighted average price of 99.36 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,430,340,810 shares and leaving 23,447,619,947 ordinary shares in issue excluding treasury, a move that fine-tunes the group’s capital structure and can enhance earnings per share and shareholder value over time by reducing the effective free float.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.82 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back Over 6.2 Million Shares for Treasury
Positive
Jan 13, 2026

Vodafone Group Plc has executed a further tranche of its share buyback programme, purchasing 6,204,292 ordinary shares on 12 January 2026 via Merrill Lynch International at a volume-weighted average price of 101.46 pence. The repurchased shares will be held in treasury, bringing Vodafone’s treasury holdings to 1,425,097,944 shares and leaving 23,452,862,813 ordinary shares in issue, a move that marginally reduces the free float and can support earnings per share and capital-return objectives for shareholders as the company continues to manage its capital structure.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 7.5 Million Shares for Treasury in Ongoing Programme
Positive
Jan 12, 2026

Vodafone Group Plc has continued its previously announced share buyback programme by repurchasing 7,547,641 ordinary shares on 9 January 2026, at a volume-weighted average price of 102.04 pence per share, via Merrill Lynch International on the London Stock Exchange. The company intends to hold these shares in treasury, bringing its total treasury holding to 1,418,893,652 shares and leaving 23,459,067,105 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share while signalling ongoing commitment to capital returns and balance sheet management to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 1.36 Million Shares for Treasury Under Ongoing Programme
Positive
Jan 9, 2026

Vodafone Group has continued its share buyback activity, purchasing 1,355,080 ordinary shares on 8 January 2026 under a previously announced repurchase programme with Merrill Lynch International. The shares, acquired on the London Stock Exchange at a volume-weighted average price of 103.38 pence, will be held in treasury, taking Vodafone’s treasury holdings to 1.41 billion shares and leaving 23.47 billion shares in issue excluding treasury. The move marginally reduces Vodafone’s free float and is part of an ongoing capital management strategy that can support earnings per share and signal management’s confidence in the company’s valuation to investors.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 2.3 Million Shares for Treasury Under Ongoing Programme
Positive
Jan 8, 2026

Vodafone Group Plc has repurchased 2,272,806 of its ordinary shares on 7 January 2026 under a previously announced share buyback programme conducted through Merrill Lynch International. The shares, bought on the London Stock Exchange at a volume-weighted average price of 102.38 pence, will be held in treasury, bringing Vodafone’s treasury holdings to 1.41 billion shares and leaving 23.47 billion shares in issue. The move continues the group’s capital management strategy, which can support earnings per share and signal confidence in the business to investors by reducing the free float over time.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds Over 10.5 Million Shares to Treasury in Ongoing Buyback
Positive
Jan 7, 2026

Vodafone Group Plc has continued its ongoing share buyback programme, repurchasing 10,587,537 ordinary shares on 6 January 2026 through Merrill Lynch International at a volume-weighted average price of 101.00 pence per share. The company intends to hold these shares in treasury, bringing its treasury stock to 1,407,857,919 shares and leaving 23,470,102,838 ordinary shares in issue, a move that marginally reduces free float and can enhance earnings per share over time while signalling management’s focus on shareholder returns and balance-sheet efficiency.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.19 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back Over 11 Million Shares for Treasury in Ongoing Capital Programme
Positive
Jan 6, 2026

Vodafone Group has continued its previously announced share buyback programme, purchasing 11,188,516 ordinary shares on 5 January 2026 through Merrill Lynch International at a volume-weighted average price of 99.70 pence per share. The shares, which will be held in treasury, take Vodafone’s treasury stock to 1,397,270,382 shares and leave 23,480,690,375 ordinary shares in issue excluding treasury, reflecting the group’s ongoing capital management strategy aimed at optimising its balance sheet and potentially enhancing earnings per share for investors.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.80 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 11.5 Million Shares for Treasury
Positive
Jan 5, 2026

Vodafone Group Plc has continued its share buyback activity, repurchasing 11,471,047 ordinary shares on 2 January 2026 through Merrill Lynch International at a volume-weighted average price of 99.38 pence per share, with prices ranging between 98.78 pence and 100.30 pence. The company intends to hold these shares in treasury, bringing its treasury stock to 1,386,081,866 ordinary shares and leaving 23,491,878,891 ordinary shares in issue, a move that marginally reduces the free float and can support earnings per share metrics while signalling ongoing capital management efforts to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Regulatory Filings and Compliance
Vodafone Updates Market on Total Voting Rights and Share Capital
Neutral
Jan 2, 2026

Vodafone Group has reported that, as of 31 December 2025, its issued share capital comprised 24,877,960,757 ordinary shares, of which 1,374,610,819 are held in treasury, leaving a total of 23,503,349,938 voting rights. This updated voting-rights figure provides the reference denominator for investors assessing whether they must disclose holdings or changes in their ownership stakes under UK financial transparency rules, ensuring continued regulatory compliance and visibility of significant shareholdings in the telecoms group.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Adds Over 10 Million Shares to Treasury in Ongoing Buyback
Positive
Jan 2, 2026

Vodafone Group Plc has continued its share buyback activity, repurchasing 10,115,923 ordinary shares on 31 December 2025 under its previously announced programme with Merrill Lynch International, at a volume-weighted average price of 99.33 pence per share. The company intends to hold these shares in treasury, bringing its treasury stock to 1,374,610,819 shares and leaving 23,503,349,938 ordinary shares in issue excluding treasury, a move that incrementally boosts capital return to shareholders and may enhance earnings per share by reducing the freely traded share count.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyLegal Proceedings
Vodafone Finalises CLAM Settlement with Vodafone Idea at No Net Cash Cost
Positive
Dec 31, 2025

Vodafone has reached a final agreement with Vodafone Idea Limited (Vi) on the amount payable under the Contingent Liability Adjustment Mechanism (CLAM), introduced at the time of the 2017 merger between Vodafone India and Idea Cellular to cover pre‑merger legal, regulatory, tax and other contingent liabilities, and on settlement of Vi’s outstanding service charges to Vodafone. Under the deal, Vodafone will fully settle its CLAM exposure via a €219 million cash payment and by earmarking 3,280 million Vi shares (equivalent to a 3.03% stake) for Vi’s benefit, while Vi will in turn settle €219 million of outstanding service charges, resulting in no net cash outflow for Vodafone; because both the receivable and the Vi shareholding are carried at nil value on Vodafone’s balance sheet, the agreement effectively closes all material open issues between the two groups and simplifies Vodafone’s risk profile in relation to its legacy Indian exposure.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 12.4 Million Shares for Treasury Under Ongoing Programme
Positive
Dec 31, 2025

Vodafone Group has continued execution of its share buyback programme, repurchasing 12,418,693 ordinary shares on 30 December 2025 via Merrill Lynch International at a volume-weighted average price of 98.64 pence. The shares will be held in treasury, taking Vodafone’s treasury holding to 1,364,494,896 shares and leaving 23,513,465,861 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time, signalling ongoing capital returns to shareholders and disciplined balance sheet management.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 12.4 Million Shares for Treasury Under Ongoing Programme
Positive
Dec 30, 2025

Vodafone Group has repurchased 12,383,048 of its ordinary shares on 29 December 2025 under its previously announced share buyback programme with Merrill Lynch International acting as riskless principal, paying a volume-weighted average price of 97.62 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury stock to 1,352,076,203 shares and leaving 23,525,884,554 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share while underlining ongoing capital management efforts to return value to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Stock Buyback
Vodafone Adds 3 Million Shares to Treasury in Ongoing Buyback
Positive
Dec 29, 2025

Vodafone Group Plc has repurchased 3,013,641 of its ordinary shares on 24 December 2025 under its previously announced buyback programme with Merrill Lynch International, paying a volume-weighted average price of 97.47 pence per share. The shares will be held in treasury, bringing Vodafone’s treasury holding to 1.34 billion shares and leaving 23.54 billion ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share while signalling continued management focus on capital returns to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 14 Million Shares for Treasury Under Ongoing Programme
Positive
Dec 24, 2025

Vodafone Group Plc has continued its share buyback activity, purchasing 14,077,544 of its own ordinary shares on 23 December 2025 under a previously announced programme with Merrill Lynch International acting as riskless principal. The shares, bought at a volume-weighted average price of 96.89 pence and to be held in treasury, lift Vodafone’s treasury holdings to 1.34 billion shares and leave 23.54 billion shares in issue, signalling ongoing capital management efforts that may support earnings per share and shareholder value by reducing the free float.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 14.4 Million Shares for Treasury Under Ongoing Programme
Positive
Dec 23, 2025

Vodafone Group Plc has continued its share buyback activity, purchasing 14,412,529 of its US$0.20 ordinary shares on 22 December 2025 from Merrill Lynch International under its previously announced repurchase programme, at a volume-weighted average price of 96.27 pence per share. The acquired shares will be held in treasury, bringing Vodafone’s treasury holdings to 1,322,745,545 ordinary shares and leaving 23,555,215,212 ordinary shares in issue excluding treasury stock, a move that incrementally reduces the free float and can enhance earnings per share while signalling ongoing capital management efforts to the market.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 18.7 Million Shares for Treasury Under Ongoing Programme
Positive
Dec 22, 2025

Vodafone Group has repurchased 18,746,253 of its ordinary shares on 19 December 2025 under its previously announced share buyback programme, at a volume-weighted average price of 96.63 pence per share, via Merrill Lynch International acting as riskless principal. The company will hold these shares in treasury, bringing its treasury stock to 1.31 billion shares and leaving 23.57 billion shares in issue, a move that marginally reduces the free float and can be seen as part of Vodafone’s ongoing capital management strategy aimed at enhancing shareholder value and adjusting its capital structure.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Vodafone Corrects Share Buyback Price in Treasury Stock Purchase Update
Neutral
Dec 19, 2025

Vodafone Group has amended a previous disclosure on transactions in its own shares, correcting the stated lowest price paid per share in a recent buyback from 95.66 pence to 95.50 pence. The company repurchased 10,509,921 ordinary shares on 18 December 2025 under an ongoing programme with Merrill Lynch International and will hold these shares in treasury, bringing its treasury stock to about 1.29 billion shares and leaving 23.59 billion shares in issue, a move that marginally adjusts its capital base and may support earnings per share over time.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Buys Back 10.5 Million Shares for Treasury Under Ongoing Programme
Positive
Dec 19, 2025

Vodafone Group Plc has continued its share buyback activity under its previously announced repurchase programme, acquiring 10,509,921 ordinary shares on 18 December 2025 from Merrill Lynch International at a volume-weighted average price of 96.50 pence per share. The shares will be held in treasury, lifting Vodafone’s treasury stock to 1.29 billion shares and leaving 23.59 billion shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time, underscoring the company’s ongoing capital management efforts to return value to shareholders.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Executive/Board ChangesRegulatory Filings and Compliance
Vodafone Non-Executive Director Simon Dingemans Joins Avantor Board
Neutral
Dec 18, 2025

Vodafone Group has announced that Non-Executive Director Simon Dingemans will join the Board of Directors of Avantor, Inc. from 2 January 2026, in line with UK Listing Rule disclosure requirements. The appointment underscores the breadth of external board roles held by Vodafone’s senior leadership and may further strengthen the company’s governance profile and cross-industry connections, though the group has not indicated any direct strategic implications from this additional role.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Executes Treasury Share Purchase Program
Positive
Dec 18, 2025

Vodafone Group Plc announced the purchase of 11,691,640 of its ordinary shares at an average price of 96.11 pence per share as part of a treasury management program. This move strengthens the company’s financial flexibility and demonstrates its commitment to optimizing capital structure, reflecting positive implications for its stakeholders and confidence in its long-term value.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyM&A Transactions
Vodafone Acquires Skaylink to Boost European Services
Positive
Dec 17, 2025

Vodafone has completed the acquisition of Skaylink GmbH for €175 million, enhancing its capabilities in professional and managed services, cloud, and security across Germany and Europe. This strategic acquisition is expected to bolster Vodafone’s growth and strengthen its market position in these key areas, potentially impacting its operations and offering new opportunities for stakeholders.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Executes Share Buyback to Strengthen Market Position
Positive
Dec 17, 2025

Vodafone Group Plc announced the purchase of 13,738,709 of its ordinary shares from Merrill Lynch International as part of its ongoing share buyback program. This transaction, executed on December 16, 2025, is part of Vodafone’s strategy to manage its capital structure and enhance shareholder value by holding these shares in treasury. The purchase reflects Vodafone’s commitment to optimizing its financial operations and maintaining a strong market position.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Strengthens Shareholder Value with Strategic Share Buyback
Positive
Dec 16, 2025

Vodafone Group Plc announced the purchase of over 12 million of its ordinary shares from Merrill Lynch International, as part of a previously announced share buyback program. This move is aimed at consolidating its share capital and potentially increasing shareholder value, reflecting the company’s strategic financial management and commitment to returning value to its investors.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Acquires Over 12 Million Shares in Buyback Program
Positive
Dec 15, 2025

Vodafone Group Plc announced the purchase of 12,441,325 of its own ordinary shares from Merrill Lynch International as part of a previously announced program. The shares will be held in treasury, increasing Vodafone’s treasury shares to over 1.24 billion. This move is part of Vodafone’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £96.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Vodafone Cancels Over 782 Million Treasury Shares
Neutral
Dec 12, 2025

Vodafone Group Plc announced the cancellation of 782,467,721 ordinary shares previously held in Treasury, impacting its issued share capital. This move is part of the company’s strategic financial management, aligning with regulatory requirements and potentially affecting shareholder interests by altering the denominator for shareholding notifications under FCA rules.

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.

Business Operations and StrategyStock Buyback
Vodafone Executes Share Buyback Program with Merrill Lynch
Neutral
Dec 12, 2025

Vodafone Group Plc announced the purchase of 11,505,873 of its ordinary shares from Merrill Lynch International, as part of a previously announced share buyback program. The shares, purchased at a volume-weighted average price of 94.65 pence, will be held in treasury. This move is part of Vodafone’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock performance and market perception.

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.

Stock Buyback
Vodafone Executes Significant Share Buyback
Positive
Dec 11, 2025

Vodafone Group Plc announced the repurchase of 12,343,973 of its ordinary shares, executed through Merrill Lynch International, as part of its ongoing share buyback program. This move is intended to hold the shares in treasury, potentially enhancing shareholder value and indicating confidence in the company’s financial health.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Executes Share Buyback to Strengthen Capital Structure
Positive
Dec 10, 2025

Vodafone Group Plc announced the repurchase of 12,418,264 of its ordinary shares from Merrill Lynch International as part of its ongoing share buyback program. The shares were purchased at a volume-weighted average price of 95.10 pence per share and will be held in treasury. This move is part of Vodafone’s strategy to manage its capital structure and enhance shareholder value, reflecting the company’s confidence in its financial stability and future growth prospects.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Advances Share Buyback Program with Significant Share Purchase
Neutral
Dec 9, 2025

Vodafone Group Plc announced the purchase of 12,196,075 of its ordinary shares from Merrill Lynch International as part of a previously announced share buyback program. This transaction is part of Vodafone’s strategy to manage its capital structure and return value to shareholders, potentially impacting the company’s stock liquidity and market perception.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Executive/Board ChangesDelistings and Listing Changes
Vodafone Chair Appointed to Lead Newly Independent Magnum Ice Cream
Positive
Dec 8, 2025

Vodafone Group Plc announced that its Chair, Jean-François van Boxmeer, has been appointed as the Chair of The Magnum Ice Cream Company N.V., following its demerger from Unilever PLC and subsequent listing on major stock exchanges. This move could enhance Vodafone’s strategic positioning by strengthening leadership ties with other major industries, potentially impacting stakeholder relations positively.

The most recent analyst rating on (GB:VOD) stock is a Buy with a £1.20 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Executes Share Buyback to Bolster Market Position
Positive
Dec 8, 2025

Vodafone Group Plc announced the purchase of 12,594,842 of its ordinary shares from Merrill Lynch International as part of its share buyback program. This move is intended to hold the purchased shares in treasury, which may impact the company’s share value and market perception, reflecting a strategy to manage equity and potentially enhance shareholder value.

The most recent analyst rating on (GB:VOD) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Business Operations and StrategyStock Buyback
Vodafone Executes Share Buyback to Strengthen Market Position
Positive
Dec 5, 2025

Vodafone Group Plc has announced the repurchase of 12,369,085 of its ordinary shares from Merrill Lynch International as part of its ongoing share buyback program. This strategic move is aimed at consolidating its share capital and potentially enhancing shareholder value by holding the repurchased shares in treasury, which may impact the company’s market positioning and stakeholder interests.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.71 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Stock Buyback
Vodafone Executes Significant Share Buyback
Positive
Dec 5, 2025

Vodafone Group Plc announced the purchase of 12,369,085 of its ordinary shares from Merrill Lynch International as part of its share buyback program. This move, which sees the shares held in treasury, is part of Vodafone’s ongoing efforts to manage its capital structure and return value to shareholders, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (GB:VOD) stock is a Sell with a £0.71 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 07, 2025