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Vodafone Initiates €500 Million Share Buyback
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Vodafone Initiates €500 Million Share Buyback

Vodafone Group plc (GB:VOD) has released an update.

Vodafone Group Plc has launched a €500 million share buyback program, with the repurchase of ordinary shares scheduled between 15 May and 15 August 2024. The buyback, executed through Morgan Stanley as a riskless principal, aims to reduce the company’s share capital. Acquired shares will be held as treasury shares, potentially canceled or used for employee share awards.

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

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