Source - Alliance News

Vodafone Group PLC - Newbury, England-based telecommunications provider - Starts €500 million share buyback on Wednesday. The buyback will be run by Goldman Sachs International and be completed by November 29. It is part of an overall €2 billion share buyback programme to return some proceeds from the company’s sale of its business in Spain to Zegona Communications PLC for €5 billion back in May. The €500 million first tranche of the 12-month programme, had been started on May 15. Vodafone has a market capitalisation of £19.22 billion.

Current stock price: 71.92 pence, up 2.1% in London on Wednesday

12-month change: down 1.1%

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Vodafone Group PLC (VOD)

+1.96p (+0.61%)
delayed 07:18AM
JavaScript chart by amCharts 3.4.408:0008:0608:1265.566.066.567.067.5Show all

Zegona Communications PLC (ZEG)

+58.00p (+4.93%)
delayed 07:17AM
JavaScript chart by amCharts 3.4.408:0508:0908:13635640645650655660Show all