Vodafone Executes Major Share Buyback

Vodafone (GB:VOD) has released an update.

Vodafone Group Plc has actively bought back 13,530,121 of its own shares on June 10, 2024, through Morgan Stanley & Co. International Plc, with prices per share ranging from 70.68 to 71.92 pence. These shares will be held in treasury, and after the purchase, Vodafone’s treasury shares total 1,953,184,602. This move is part of a previously announced share buyback program aimed at reducing share capital and potentially increasing the value of remaining shares.

For further insights into GB:VOD stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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