Vodafone share price rises again as buyback filing hits tape and Egypt spectrum plan comes into view
Vodafone shares rose 1.1% to 114.55 pence in early London trading after the company disclosed a new buyback and plans to acquire 1,800MHz spectrum in Egypt. Vodafone bought 23.39 million shares on Feb. 9, to be held in treasury. The Egypt spectrum payment will start with $100 million in FY26, totaling about $350 million. LBBW raised its price target to 120 pence, maintaining a “buy” rating.