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Vodafone Launches EUR 500 Mln Share Buyback Programme

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Vodafone Group Public Ltd. Co. (VOD), on Thursday announced the commencement of a 500 million euros share buyback programme aimed at reducing its share capital.

The programme will run from February 5 to no later than May 11.

The share repurchases will be carried out on the London Stock Exchange and Multilateral Trading Facilities in accordance with UK Listing Rules and the authority granted by shareholders at the 2025 Annual General Meeting, which allows Vodafone to repurchase up to 3.72 billion ordinary shares.

Shares repurchased under the programme will be held as treasury shares and subsequently either cancelled or used to satisfy employee share awards as they fall due.

In the pre-market trading, 6.87% lesser at $14.63 on the Nasdaq.

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