Vodafone Group Public Limited Company stock slips after buyback notice; Feb. 5 update in focus
Vodafone shares fell 0.5% to 99.34 pence in early London trading Thursday after the company disclosed it repurchased nearly 4 million shares on Jan. 14 at an average 99.37 pence. The buyback program, capped at €500 million, is set to end by Feb. 4. Investors await Vodafone’s third-quarter update on Feb. 5. The stock closed Wednesday at 99.82 pence, up 1.18% for the day.