Vodafone Shares Rally Past Niel Bid Price, Up £4 Billion in Two Days

Vodafone Group Plc traded up 4.6% to 115.15 pence by 10:01 BST on Monday, London data showed. The move put the stock above the price for Xavier Niel’s planned 16.2% stake buy. The FTSE 100 stayed about flat.

FTSE Opens Up as Oil Moves, But Investors on Watch

FTSE Opens Up as Oil Moves, But Investors on Watch

FTSE 100 stocks gain after holiday, Kingfisher jumps The FTSE 100 advanced after the spring bank holiday, led by oil-linked stocks and a sizable move in Kingfisher. According to MarketScreener’s real-time estimate, the index was up 0.86% at 10,556.60 as of 0812 BST. Kingfisher, Sunbelt Rentals, Endeavour Mining and Glencore were on the leaderboard. Melrose, Auto Trader, Vodafone and BP lagged.
Vodafone Stock Jumps Back Into Focus as €500m Buyback Starts and Q3 Sales Climb

Vodafone Stock Jumps Back Into Focus as €500m Buyback Starts and Q3 Sales Climb

Vodafone announced a new €500 million share buyback Thursday, alongside a 6.5% jump in third-quarter revenue to €10.5 billion. The results put the company firmly on course to hit the top end of its full-year profit and cash flow targets. CEO Margherita Della Valle confirmed the group is “on track to deliver at the upper end” of its guidance. Vodafone’s shares have surged 73% over the last year.
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