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IN BRIEF: Vodafone CFO buys 2.5 million shares for £1.7 million

ALN

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for £1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for €8 billion, with €4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

Current stock price: 68.28 pence, down 2.3% in London on Monday morning

12-month change: down 26%

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