Business Vodafone UK: share price jumps as company announces plan to return £430m in latest share buyback programme By Alex Nelson Published 7th Aug 2024, 14:04 BST Comment Watch more of our videos on Shots! and live on Freeview channel 276 Visit Shots! now The telecoms giant is set to return over £400 million as part of its turnaround plan 📊 Vodafone has announced a €500 million share buyback programme It follows the company’s earlier commitment to return €2 billion to shareholders after selling its Spanish business Goldman Sachs has been hired to manage the buyback process, which led to a 1.7% increase in share price Vodafone is undergoing a turnaround plan involving the sale of its Italian and Spanish businesses and job cuts It is also seeking approval for a £15 billion merger with Three from the Competition and Markets Authority which has extended its investigation into the merger Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to The News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues.
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. This site is protected by reCAPTCHA and the Google Privacy Notice and Terms of Service apply. Vodafone has announced it will return 500 million euros (£430 million) over the coming months.
The telecom giant said that the latest phase of it.