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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.
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